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Reuters: Mortgage lenders to pump $200 billion into markets

Started by chris, March 20, 2008, 12:02:42 AM

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chris

Mortgage lenders to pump $200 billion into markets
      


WASHINGTON (Reuters) - Two U.S. home financing heavyweights won government approval on Wednesday to pump $200 billion more into troubled U.S. mortgage markets, the latest step to stabilize credit markets and avert a deep recession.
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