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AAA Subprime MBS is a Likely Target for TARP PurchasesThe federal government’s Troubled Asset Relief Program is likely to begin purchasing subprime mortgages within two months, according to analysts. President Bush signed the Emergency Economic Stabilization Act last week after a 75-24 vote by the Senate and a 263-171 vote by the House. The Treasury Department this week began hurriedly putting together the apparatus to... Subscribers have free access to the archives. Click here. | |||||||||||||||||
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| © Copyright 2008, Inside Mortgage Finance Publications 7910 Woodmont Ave., Suite 1000, Bethesda, MD 20814 Tel: (301) 951-1240; Fax: (301) 656-1709 All rights reserved. Photocopying or electronic distribution of this web page or any of its contents without prior written consent of the publisher violates U.S. copyright law, and is punishable by statutory damages of up to $150,000 per infringement, plus attorneys' fees (17 USC 504 et seq.). Without advance permission, illegal copying includes regular photocopying, faxing, excerpting, forwarding electronically, and sharing of online access.  | |||||||||||||||||
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