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Friday, September 27, 2013

The US financial crisis may be over, but the bailout era isn't

A federal housing agency said Friday it needs a $1.7 billion bailout from the Treasury to cover projected losses in its reverse mortgage programs which allow seniors to borrow against their homes for everyday living expenses.

http://www.currentargus.com/ci_24191147/us-financial-crisis-may-be-over-but-bailout

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