Treasury Department May Broker A Deal For Subprime Borrowers
Friday, November 30th, 2007MSNBC, Reuters, and The Wall Street Journal were reporting early
Friday that the United States Treasury is about to
announce a plan to help some subprime borrowers save
their homes from foreclosure.
The plan apparently involves an agreement between the Treasury and
leaders of the mortgage industry to hold rates steady on many
adjustable rate mortgages that….
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