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Tag: Foreclosure Prevention Act

Escape Foreclosure

Billions to Business in Foreclosure Bill

With a mind-set reminiscent of the Bush administration’s recent bailout of mortgage lenders, the Senate last week approved the Foreclosure Prevention Act, a bill that provides billions of dollars in tax breaks to big businesses like Ford and General Motors but takes only modest steps in addressing the plight of homeowners.

Posted on Apr 16, 2008 READ MORE

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