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IPFS News Link • Housing

Senate passes taxpayer funded bailout of bad mortgage lenders

7-26-2008 • AP

[So they use your money to cover their losses on their money they risked. Suckers!!!!] Homeowners who cannot afford their monthly payments can refinance into taxpayer-backed loans. The bill also offers your money to Fannie Mae and Freddie Mac

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Reported By Powell Gammill

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Senate passes taxpayer funded bailout of bad mortgage lenders

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