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  1. www.projo.com
    The problem: R.I. hard-hit by ‘blue-collar’ recession (The Providence Journal)
    The job losses that have driven Rhode Island’s unemployment rate to the highest in the nation have hit disproportionately hard among workers in construction, manufacturing and low-wage office jobs in what one labor economist yesterday declared a “blue-collar” recession.
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    GSE chief says mortgage aid plan should be model (Washington Post)
    WASHINGTON (Reuters) - U.S. mortgage finance companies should soon adopt a foreclosure prevention plan developed by Fannie Mae and Freddie Mac to ease loan terms for troubled borrowers, the companies' overseer said on Thursday.
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    While commercial real estate has not been overbuilt as much as residential housing, there are big problems in this arena ahead as well, according to a recent panel at the eighth annual Trigild Lender Conference in San Diego.


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