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Bankruptcy

: The Bankruptcy Blog

Bush Plans to Expand FHA Mortgages in Homeowner Bailout

By Total Bankruptcy.

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Though President Bush has vowed to veto the Senate housing bill currently being considered, his administration announced that it plans to advance homeowner bailout programs of its own, beginning with the expansion of FHASecure, a program that transfers mortgages to prime-rate mortgages insured by the Federal Housing Administration.

Full post as published by The Bankruptcy Blog on April 10, 2008 (boomark / email).

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