"If the Federal Reserve's objective was to slow down the housing market, it has succeeded spectacularly," said Rick Sharga, EVP of Market Intelligence at ATTOM.
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TARP Takes Another Step Toward Winding Down
The U.S. Department of the Treasury announced on August 14 that it plans to continue selling its shares of common stock in Ally Financial, thus further reducing its investment in the Detroit-based lender.
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