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Feds Eye a Fresh Round of Mortgage Relief

Refinancing could take on loans not backed by Fannie, Freddie

By Mark Russell,  Newser Staff

Posted Dec 26, 2012 8:14 AM CST

(Newser) – The White House is looking to roll out a fresh round of refinancing, this time adding mortgages that aren't backed by the government, reports the Wall Street Journal. Some 22% of mortgages—about 10.8 million—exceeded the value of the homes they backed...   Read full story »

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