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Fed takes major step toward stalling foreclosures (Reuters)

Started by riky, January 28, 2009, 01:01:19 AM

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riky

Fed takes major step toward stalling foreclosures
    (Reuters)

 


Reuters - The Federal Reserve on Tuesday took a step toward easing mortgage foreclosures threatening millions of Americans, announcing that it would write down troubled mortgages to keep people in their homes.


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