Lowell Deeds

The latest on real estate recordings and new technology from the Middlesex North Registry of Deeds in Lowell

September 12, 2008

More Bleak Economic News

by @ 3:47 pm. Filed under Real Estate

Today’s paper reads like a who’s who of the mortgage industry: Lehman Brothers, Washington Mutual, AIG or all in financial death spirals with the only question being whether potential buyers of the companies will balk unless there’s some kind of backing by the federal government. With the earlier governmental takeover of Fannie Mae and Freddie Mac, the US government has become the nation’s largest property owner. There’s no telling how this is going to end.

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