Sunday, September 2, 2007

Bush announces 'limited' steps on loan crunch (USA Today)

President Bush announced a series of "limited" steps Friday designed to help homeowners struggling to pay their mortgages, expanding the role of the Federal Housing Administration and proposing a temporary change in tax law to prevent people from being penalized when they refinance risky "subprime" adjustable-rate mortgages.

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[Source: Yahoo! News Search Results for housing loan]

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