December 7, 2007

No quick fix for subprime mortgages (AP)

Housing and Urban Development Secretary Alphonso Jackson, right, accompanied by Treasury Secretary Henry Paulson, speaks at a news conference on mortgages, Thursday, Dec. 6, 2007, at the Treasury Department in Washington.  (AP Photo/Kevin Wolf)AP – Be ready to wait if you want to get information from a toll-free hot line about freezing the interest rate on your subprime mortgage.

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