Trending Thursday: Housing, mortgage finance getting a break from Washington?

Trending Thursday: Housing, mortgage finance getting a break from Washington?

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Fiscal cliff preserves relief mechanism for distressed borrowers

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Expiring tax exemptions for homeowners facing foreclosure, a relatively uncontroversial response to the foreclosure crisis that had lingered for months on Congress' to-do list, will be extended in the fiscal cliff deal approved late Tuesday.

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