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Reuters: U.S. launches $75 billion mortgage plan to aid homeowners

Started by chris, March 05, 2009, 12:59:13 AM

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chris

U.S. launches $75 billion mortgage plan to aid homeowners
      
   
      


WASHINGTON/NEW YORK (Reuters) - The Obama administration on Wednesday launched a $75 billion foreclosure relief plan, as new data showed one in five U.S. homeowners with mortgages owe more than their house is worth.<div class="feedflare">
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