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Mortgages

NCUA Board to Vote $2 Billion Mortgage Refi Program

NOV 18, 2008 10:49pm ET

WASHINGTON – The NCUA Board is expected to vote as soon as next month on a plan to offer $2 billion in low-cost funds to credit unions through its emergency loan fund, the Central Liquidity Facility, in order to facilitate the refinancing of at-risk mortgages.

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