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UPDATE 1-Mortgage plan skips current defaulting borrowers-Dodd

Story date: 2007-12-06 01:07:00
Added on: 2007-12-06 14:00:24


Reuters - It shuts out hundreds of thousands of borrowers who are either in, or shortly will be facing, default in 2007 because of the abusive exploding (adjustable rate mortgage) loans they were sold," Dodd said in a statement. "This leaves the door wide ...


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