Wednesday, September 5, 2007

Regulators Urge Refinancing of Securitized Mortgages (Update3) (Bloomberg.com)

Sept. 4 (Bloomberg) -- U.S. bank regulators, facing the worst housing slump in 16 years, called on mortgage lenders to stave off foreclosures by cutting or postponing cash-strapped borrowers' home payments.

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[Source: Yahoo! News Search Results for mortgages]

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