Industry News

Lenders, it’s time to clean house

Letters From the Home Front
Published on Aug 6, 2008

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by CareyBot

In what is being applauded as the most decisive response yet by federal officials to end the housing crisis, President Bush signed yet another mortgage relief measure today to help homeowners avoid foreclosure. This one, which according to an undisclosed source "should pretty much nail it," authorizes a few more billion dollars in government-backed relief.

Specifically, it reads: "Make check payable to Merry Maids."

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