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U.S. agency to sell off loans to stem foreclosures

  The New York Times

In a move intended to prevent foreclosure for thousands of homeowners and shed some seriously delinquent home loans, the Federal Housing Administration will sell off distressed mortgages in bulk, the housing secretary said Friday.

Read the full story

Published Friday, June 15, 2012 3:36 PM by Gail Griffin, GRI, e-PRO

Filed under: Industry, Community

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