Monday, October 6, 2008

'Hope for Homeowners' Program Offers Faster Relief than Wall Street Bailout

GFP Note: We thought our readers would find this story of interest as we all sit and listen to the disturbing economic news.

By Broderick Perkins
October 5, 2008

Although it didn't receive nearly as much press coverage, the $300 billion "Housing and Economic Recovery Act of 2008" (H.R. 3221) may provide more immediate relief for struggling homeowners than the recently signed $700 billion economic bailout, "Emergency Economic Stabilization Act of 2008," (H.R. 1424).....

Click here to read the story.

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1 comment:

  1. Deadline NewsroomOctober 6, 2008 at 6:22 PM

    The link to this story is bad. It should be http://www.consumeraffairs.com/news04/2008/10/bailout12.html

    Also the original full version of the story is here: http://deadlinenewsroom.blogspot.com/2008/10/700-billion-bailout-overshadows-300.html

    Thanks for the mention.

    Broderick Perkins
    The DeadlineNews Group
    - DeadlineNews.Com
    - DeadlineNewsroom.blogspot.com
    "News that really hits home!"

    ReplyDelete

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