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Reuters: U.S. senators say have deal on housing rescue bill

Started by counter, May 20, 2008, 12:41:05 AM

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U.S. senators say have deal on housing rescue bill
      


WASHINGTON (Reuters) - Leaders of the U.S. Senate Banking Committee said on Monday they had reached a deal on legislation to create a multibillion dollar mortgage rescue fund and a new regulator for housing finance companies Fannie Mae and Freddie Mac.
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