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Real Estate Briefing - Categorized | Americas, Mortgage more

U.S. weighing new mortgage plan

Posted on 31 October 2008

From CNN: The government is expected to announce soon that it will devote up to $50 billion to directly address the source of the financial crisis: bad mortgages and millions of homeowners at risk of foreclosure.

White House spokesman Tony Fratto said on Thursday that “no decisions” have been made on “a number of housing proposals” that the administration has been reviewing “for some time.”…. Full Article: Source


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