US mortgage defaults to rise: Paulson
Story date: 2007-11-21 02:15:00
Added on: 2007-11-21 16:00:21
The Australian - ... them to make no down payment or to initially pay interest only - begin having trouble making their mortgage payments as higher rates kick ... Paulson wants Congress to temporarily allow Fannie and Freddie to purchase mortgages larger than their current ...
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