Real Estate and Economic Links

The Nation's Housing:

* Lenders won't have to run a second full credit check before closing on mortgage

REO Insider:

* Phoenix home sales hit 15-year low in July

* California foreclosure prevention bill on life support

Calculated Risk:

* Jim the Realtor: "Good time to be a looker"

* Analysis: Bernanke paves the way for QE2

The Federal Reserve Board:

* The Economic Outlook and Monetary Policy [Chairman Ben S. Bernanke Speech]

Dr. Housing Bubble:

* Countrywide and Pay Option ARMs on trial – The most toxic mortgage ever invented by mankind is now under trial by the SEC with Countrywide.