Fan-987-Logosm 35h_cbssportsrad_tampa cw44_tb

financial crisis

(Photo credit: Getty Images)

Federal report: Home flipping drove housing bubble

LAS VEGAS (AP) — The Federal Reserve Bank of New York says real estate investors drove the housing bubble that led to record foreclosures in Nevada, California, Arizona, Florida and other states.



Get every new post delivered to your Inbox.

Join 892 other followers