Bank economist says housing fix will need banks, government working together

WEST PALM BEACH — A combined effort of lender and government intervention is needed to fix the nation’s delinquent mortgage dilemma and repair a real estate market still searching for a bottom, said Bank of America’s chief economist Mickey D. Levy.

Levy, who was the keynote speaker at today’s International Economic Forum of the America’s held at the Palm Beach County Convention Center, said housing and unemployment are the nation’s two biggest weaknesses.  Read More.

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