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Bush to Unveil Bailout Plan in Mortgage Crisis

Reforms will help families keep their homes

By Peter Fearon,  Newser Staff

Posted Aug 31, 2007 5:42 AM CDT

(Newser) – President Bush will announce a rescue package for homeowners with subprime mortgages faced with foreclosure. The package will include a call for Congress to give the Federal Housing Administration more power to help borrowers keep their homes—and stricter enforcement of laws against predatory lending,...   Read full story »

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