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2008年5月5日 星期一

Bush, House jockey over foreclosure fix




The Bush administration Wednesday outlined a plan to help homeowners at risk of foreclosure in an attempt to get out ahead of a more sweeping proposal by House Democrats.

Discussion of both plans, at a House Financial Services Committee hearing, highlighted the complex fault lines in the debate over how far the government should go to ease the mortgage crisis. It's a tough question since there's plenty of blame to go around: Lenders, brokers, investors, ratings agencies, federal regulators and some homeowners all played a part.
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