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More help for families who cannot raise a deposit for a mortgage.
BBC: Coalition to go the distance, Cameron and Clegg insist
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Say that you are particularly deserving of a raise because you are behind on your mortgage payments.
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Other heavily-shorted companies include Washington Mutual, Citigroup, Wells Fargo, Wachovia and Countrywide Financial, all companies with a big exposure to the mortgage markets, and CIT Group, a lender which is trying to raise cash and has shut down some of its lending operations.
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Moreover, a 4.5% mortgage rate will raise housing demand significantly.
WSJ: Low-Interest Mortgages Are the Answer
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Wall Street is still reeling from exposure to the mortgage markets, and many banks are struggling to raise capital for themselves, let alone a rival in need.
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