Drawing a Line in the Sand on Bailouts

Muolo, Paul
February 2009
Mortgage Servicing News;Feb2009, Vol. 13 Issue 1, p5
The article discusses the $700 billion bailout plan in the U.S. and its usefulness in the country's economy. It states that the package will be spend through the Troubled Asset Relief Program. It notes that half of the fund had been used already while the other was still in question on how to spend it. It determines that the goal in spending the fund should be to stabilize home values and ease the payment burden on consumers.


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