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Real Estate News | desertpropertylink.com
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U.S. to pay off mortgage investors

28. April 2009

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Treasury Department announces new mortgage incentives for lenders, which will reduce monthly payments for millions of borrowers.   WASHINGTON (Reuters) — The U.S. Treasury Department will Tuesday tap a $50 billion housing rescue fund to pay off mortgage investors and reduce monthly payments for millions of borrowers, said a senior administration official. Mortgage servicers that own a small [...]

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