Interesting Housing News Links (February 22, 2009)

* Obama’s bankruptcy reform taking shape (Houston Chronicle)

* Median home price takes big drop in California (Jacob Adelman-)

* Lawmakers fight Newark on water rates (News Journal)

* Guides awaited to fight home loss (Alexander Coolidge, Cincinnati Enquirer)

* Consumers’ thrift brings new worries (Aldo Svaldi)

* Industrial production falls 1.8 percent (KABC)

* Ex-Fed governor feels ‘accountable’ in economic crisis (Greenville News)

* Another lousy week on the Street (WABC)

* Mortgages for new homes drop to lowest level since 1974 CML reveals (Myra Butterworth, Telegraph)

* U.S. describes alleged Sacramento-area mortgage fraud (Denny Walsh, Sacramento Bee)

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