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Showing posts with label 800 billion. Show all posts
Showing posts with label 800 billion. Show all posts

Saturday, August 7, 2010

Will Obama pay down mortgages to save Democrats?

The rumors are continuing to grow louder that the Obama administration is planning to announce a massive stimulus via the housing market later this month. Earlier this week, the word was that the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac might subsidize mortgage refinancing at below-market interest rates. But today, a possibility is being talked