| Jul 21, 2011 9:49AM I found the timing of this news to be extra interesting. WHY? Because the Consumer Financial Protection Bureau goes live today! Ironic isn't it? I'm sure consumer advocates and attorneys everywhere are loving this headline (note sarcasm). The recovery has to start somewhere.... ----------------- States negotiating immunity for banks over foreclosures By Scot J. Paltrow (Reuters) - State attorneys general are negotiating to give major banks wide immunity over irregularities in handling foreclosures... Jul 21, 2011 2:52PM There has been periodic speculation that one factor in the continuing high unemployment levels is "house lock," or the reluctance of households to sell their homes in a declining price environment. This, the theory goes, may create a geographic mismatch between the locations of available workers and available job openings. If this is true then it follows that household migration should be relatively greater among renters than owners in the current market and should be higher in areas where home prices...
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