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Paulson Urges Congress To Act on Loan Woes

Story date: 2007-12-03 08:56:00
Added on: 2007-12-03 23:32:50


Wall Street Journal - ... may have trouble refinancing, for example, because sharp declines in home prices have left them owing more than their houses are valued at. Boston Fed research shows that 20% of borrowers with subprime ARMs nationwide should be able to refinance ...


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