Saturday, March 7, 2009

No mortgage pinch for Obama and team [politico]

By  | 3/7/09 6:03 PM EST

As mortgage foreclosure rates hit record highs, one small group of homeowners remains relatively immune to the pressures confronting millions of other Americans: those at the highest levels of the Obama administration. 

At least seven top officials—as well as the president himself—have reaped the benefits of mortgage deals ranging from discounted rates to reduced and subsidized mortgages to free housing, largely due to their stature or as perks of previous employment. 
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