REP. MIKE THOMPSON WELCOMES PRESIDENT’S HOUSING PROPOSAL, BUT SAYS IT’S ONLY HALF OF THE EQUATION

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By California RealEstateRama -

Washington, DC – January 26, 2012 – (RealEstateRama) — Congressman Mike Thompson (CA-1), joined by Democratic Members of the California Congressional Delegation, today welcomed the President’s proposal from the State of the Union to provide responsible homeowners with the opportunity to refinance at historically low rates, but said this is only half of the equation

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