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Obama eyes home loan subsidies in rescue plan: sources (Reuters)

February 14th, 2009 · Permalink

U.S. President Barack Obama speaks at a Caterpillar Plant in East Peroria, Illinois, February 12, 2009. (Jim Young/Reuters)Reuters - The Obama administration is hammering out a program to subsidize mortgages in a new front to fight the credit crisis, sources familiar with the plan told Reuters on Thursday, boosting financial markets.




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