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Bailout Failure: U.S. Will Push Mortgage Firms to Reduce More Loan Payments
Last updated:
Mon, 30 Nov 2009 16:28:00 +0000

The Obama administration on Monday plans to announce a campaign to pressure mortgage companies to reduce payments for many more troubled homeowners, as evidence mounts that a $75 billion taxpayer-financed effort aimed at stemming foreclosures is foundering.


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