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August 05, 2010 | Tconsoli | Comments 0 | Filed Under: DailyForeclosureGovernmentNewsWall StreetWorld

5 states get $600M for foreclosure prevention

The Obama administration has released $600 million in TARP funds that are intended to help state Housing Finance Agencies assist an estimated 50,000 homeowners facing foreclosure in five states hit hard by unemployment.

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