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Lords of the Land

Lords of the Land

By Idith Zertal and Akiva Eldar
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Tag: American Recovery And Reinvestment Act

Bank Owned

$75 Billion to Fight Foreclosures

While $700 billion was given to the banks and credit institutions that haphazardly pushed forward our current economic fiasco, millions of homeowners at risk of foreclosure may now be given only about one-tenth of that figure—$75 billion—in an effort to slow the deterioration of the housing market.

Posted on Feb 18, 2009 READ MORE

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