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US proposes steps to deal with subprime

Story date: 2007-09-02 12:27:00
Added on: 2007-09-02 01:35:07


Sydney Morning Herald - The FHA will soon launch a new program called FHA Secure to allow homeowners with good credit history, but who cannot afford their current payments, to refinance into FHA-insured mortgages, Bush said. "This means that many families who are struggling ...


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