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Details on Obama’s $75 Billion Loan Modification Plan

March 5th, 2009 by Chris Rooker · No Comments

There is a lot of confusing information floating around about the President’s plan to modify home mortgages — especially regarding who qualifies, when and how the assistance will be available, and its duration.

The Treasury Department has launched a website, FinancialStability.gov, that spells out everything. Click on the link for the “Fact Sheet.” It is nine pages long, but it is a great overview of the program written in plain English.

Tags: Issues

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