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IPFS News Link • Housing

Lenders act to limit US foreclosures

4-25-2007 • Christian Science Monitor

The home-loan industry, facing the worst housing downturn since the early 1990s, is ramping up efforts to help strapped borrowers stay in their homes. The goal is to restrain a gathering wave of foreclosures that carries big costs for both lenders

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Reported By Powell Gammill

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