Entrepreneurship

Aid for Underwater Mortgages a Life Raft for Small Business

John Arensmeyer

Statement by John Arensmeyer on February 9, 2012:

Today, in the biggest government-industry settlement since 1998, major mortgage lenders and the federal government struck a $25 billion deal that will bring relief to struggling homeowners across the nation, boosting demand for small businesses and stimulating the economy.

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