December 3, 2007

Paulson proposes tax-exempt bonds for mortgage aid (AFP)

US Treasury Secretary Henry Paulson, seen here in October 2007, proposed Monday to allow local governments to issue tax-exempt bonds to provide funds to help avert a wave of defaults by struggling homeowners.(AFP/File/Mandel Ngan )AFP – US Treasury Secretary Henry Paulson proposed Monday to allow local governments to issue tax-exempt bonds to provide funds to help avert a wave of defaults by struggling homeowners.

Filed under Real Estate Blog, Real Estate Business by Yahoo! News: Business - Real Estate

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