December 10, 2007

Does the Housing Plan Go Far Enough? (BusinessWeek Online)

BusinessWeek Online – With the growing mortgage crisis threatening to send the economy into a tailspin, help is on the way. On Dec. 6, Treasury Secretary Henry Paulson announced a much anticipated plan aimed at preventing a wave of foreclosures among homeowners facing sharply higher monthly payments on adjustable-rate mortgages that will soon reset.

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