Hedge fund manager John Paulson, president of Paulson & Co, is famous for his negative view on the US housing market that turned into a huge money-maker for his fund. But Paulson refuted any suggested that his activities had any effect on the mortgage market, instead putting the responsibility on the shoulders of mortgage brokers.
Hedge fund Paulson & Co manager denies subprime culpability
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Why are existing home prices rising when sales are still so low?
Existing home sales fell in today’s report, but home prices are still up year over year, even with higher inventory and higher mortgage rates.
