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Paulson says mortgage relief plan not a bailout

Story date: 2007-12-18 09:04:00
Added on: 2007-12-18 23:49:47


Reuters - Earlier this month, Paulson unveiled a proposal that would temporarily freeze low introductory or "teaser" rates on subprime mortgage loans for five years so that borrowers would not face the loss of their homes when their loans reset at higher ...


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