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Bush unveils mortgage proposals (AP)

August 31st, 2007 by

President Bush, center, accompanied by Treasury Secretary Henry Paulson, right, & Housing Secretary Alphonso Jackson, makes a statement on home ownership financing, Friday, Aug. 31, 2007, in a Rose Garden at a White House in Washington. (Credit Repair Photo/Ron Edmonds)Credit Repair - President Bush on Friday announced a set of modest proposals to deal with an alarming rise in mortgage defaults that have contributed to turbulent financial markets over recent weeks.

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