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An article over at CBS news indicates that the Senate is working hard to pass the FHA-powered housing bill in the next couple of weeks. Here are some excerpts:

Sen. Charles Schumer (D-N.Y.) said Wednesday that major housing legislation may hit the Senate floor this week, as Democrats are hoping to complete work on the issue before the Fourth of July.

“Housing is at the nub of the problems in this economy,” said Schumer. “Housing problems are getting worse. And everyone you talk to, from Wall Street to Main Street, says do something. No one can figure out why we can’t.”

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