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Calls flood in to mortgage help line

In Brief / LENDING

December 12, 2007|From Times Wire Services

A hotline for a program that aims to help about 1.2 million sub-prime borrowers received 45,000 calls in the three days after President Bush announced the program, the Hope Now alliance said.

Call volume surged after Bush and Treasury Secretary Henry M. Paulson Jr. cited the counseling center Thursday in detailing a program to help curb foreclosures.

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