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Housing Bill Won't 'Perform Miracles'

posted by odell 116 days ago in USD, Fundamental, Housing made popular 115 days ago

Even as a huge bipartisan majority in the Senate voted yesterday to send a sprawling housing bill to the White House, economists, consumer advocates and other analysts said the package of programs for struggling homeowners and shaken mortgage lenders is unlikely to relieve the foreclosure crisis that is driving the nation toward recession.
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