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Home » Store » News » Treasury Still Considering Foreclosure-Avoidance

Treasury Still Considering Foreclosure-Avoidance

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The Treasury Department faced harsh criticism in recent weeks from members of Congress regarding the lack of homeownership preservation initiatives included in the Troubled Asset Relief Program. Treasury officials defended their allocation of TARP funds while noting that a foreclosure-avoidance initiative remains under consideration. Sen. Chris Dodd, D-CT, and Rep. Barney Frank, D-MA, said they...
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