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Chicago Bank Takes Action Against Subprime Housing Crunch (The Online NewsHour)

Story date: 2007-10-24 05:17:14
Added on: 2007-10-24 22:00:24


Chicago's ShoreBank has implemented a "rescue loan program" to help customers refinance home mortgages that may be in danger of default. A consumer advocate and a mortgage industry representative weigh in on how to best respond to the country's subprime loan crisis.


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