December 20, 2007

Bush signs bill giving struggling homeowners relief (Reuters)

President George W. Bush speaks before signing the Mortgage Forgiveness Debt Relief Act of 2007 in the Roosevelt Room of the White House, December 20, 2007. Joining Bush are from L-R: Bush, Treasury Secretary Henry Paulson and HUD Secretary Alphonso Jackson. (Larry Downing/Reuters)Reuters – President George W. Bush on Thursday
signed into law a measure that will waive taxes on many
homeowners who must restructure their mortgages as they face
foreclosure.

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