Fed Moves To Help Some Distressed Homeowners

chron.com Business, Houston Chronicle: Business
Wed, 01/28/2009 - 6:37am

It’s unclear how many homeowners would benefit. However, the relief plan would apply to the billions of dollars of mortgage assets the Fed is holding on its books because of last year’s bailouts of Bear Stearns and insurer American International Group.

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Topics:  fed   bear stearns   american international   group   homeowners   
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