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The number of mortgage deals available to borrowers with a 5% deposit has shrunk to just 60, says Moneyfacts.

NJ may bill mortgage lenders $2,000 per foreclosure (Reuters via Yahoo! News)
A panel of New Jersey legislators on Monday approved a measure to make mortgage lenders pay $2,000 before taking a homeowner into foreclosure.

Mortgage

Treasury Confirms Kashkari To Head Mortgage Rescue Plan (Fox News)
Treasury Confirms Kashkari To Head Mortgage Rescue Plan

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