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Bush: No Bailout for Pinched Homeowners

Story date: 2007-08-30 07:43:00
Added on: 2007-08-30 22:24:02


US News and World Report - A combination of higher interest rates and weaker home values clobbered some borrowers, leaving them in some cases with costly mortgages that exceeded that value of their homes. Worries that problems in the housing and mortgage markets will spread ...


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