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Senate committee OKs home-loan rescue

By Julie Hirschfeld Davis Associated Press Published: Wednesday, May 21, 2008 1:06 a.m. MDT WASHINGTON — Profits from government-sponsored mortgage giants Fannie Mae and Freddie Mac, instead of taxpayers, would back up a home-loan rescue for up to 500,000 strapped borrowers, under a plan approved... [read full story]                    

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