FDIC’s Bair Says Real Estate Crucial To Entire Economy – $3.5 Trillion In Mortgages At Risk Of Default

October 13, 2010 – Can the economy improve without a recovery in real estate values?  This question was addressed today by FDIC Chairman Sheila Bair, in a speech to the Urban Land Institute in Washington, D.C.   Despite optimistic forecasts by various analysts, Ms. Bair cited the daunting challenges that must be overcome in order to […]