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Senate to Introduce Foreclosure Assistance Bill

HeadlineApr 02, 2008

On Capitol Hill, Senate lawmakers say they’re close to a deal on assistance for the millions of Americans faced with home foreclosure in the nation’s housing crisis. Senate leaders say they could introduce the bill later today. The legislation would follow widespread criticism of last month’s federal bailout of the investment bank Bear Stearns at a time when more than four million homes are facing foreclosure.

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