Goldman Sachs Group bought protection against a decline in just 1% of the mortgage-backed securities the company underwrote since late 2006, according to president and chief operating officer Gary Cohn. “We did not ‘bet against our clients,’ and the numbers underscore this fact,” Cohn will tell the Financial Crisis Inquiry Commission today, according to his prepared testimony.

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Some housing pundits report the demand for housing is strong, while these same pundits, on another day say that we are in a housing affordability crisis. Can the two narratives be accurate at the same time?

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These are the best places to work in housing

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3d rendering of a row of luxury townhouses along a street

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