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Treasury Department May Broker A Deal For Subprime Borrowers
By admin | November 30, 2007
MSNBC, Reuters, and The Wall Street Journal were reporting early Friday that the United States Treasury is about to announce a plan to help some subprime borrowers save their homes from foreclosure.
The plan apparently involves an agreement between the Treasury and leaders of the mortgage industry to hold rates steady on many adjustable rate mortgages that....
Topics: Mortgage News |