Saturday, October 27, 2007

Lawmakers face painful reality in loan crisis (The Plain Dealer)

Washington- If you want to see a Democratic or Republican congressman squirm, mention a multibillion-dollar bailout for the housing market crisis. The apparent discomfort contrasts with reality: most risky home loans made near the end of the housing boom can't be salvaged.

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

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