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Might there be a housing rescue bill after all? Monday night Senator Chris Dodd (D-CT and Senator Richard Shelby (R-AL), Chairman and Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs announced that they had reached an agreement that will be presented to the whole committee...
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With what surely passes as warp-speed on Capitol Hill, the Senate on Wednesday afternoon reached tentative bi-partisan accord on a wide-ranging housing bill . On Tuesday afternoon the Senate voted 94-1 to move forward on legislation to help homeowners facing foreclosure. While there were still substantial...