ABC Evening News for Monday, Jan 30, 2012
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(New York: Jim Avila) The story of how Freddie Mac, the mortgage giant that is supposed to make it easier to own a home, is keeping homeowners stuck in higher interest loans rather than refinancing presented; details given about a joint investigation of Freddie Mac's policies by NPR and ProPublica. [Mortgage holder Jay SILVERSTEIN - comments.] [ProPublica's Jesse EISINGER- says Freddie loses if a homeowner refinances.] [Columbia University Chris MAYER- analyzes what is being done.]
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