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10/28/07
Genuine help eludes homeowners facing foreclosure
Filed under: General, Real Estate, Mortgages
Posted by: Lillian Wong @ 1:56 pm

The rallying cry to help stem the foreclosure fallout from subprime and other bad loans is getting louder. Last week, three of the country’s biggest banks - Citigroup, JPMorgan Chase and Bank of America - announced plans for an investment vehicle that could help prevent problems in mortgage-backed securities from hurting other parts of the credit and stock markets.  More…

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