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As credit markets tumble, borrowers are seeking safe shelter in loans backed by the Federal Housing Administration. “It is the way to go,” said Jennifer Kneib, branch manager at First Horizon Home Loans, now MetLife Home Loans. “It’s a better, easier and cheaper route for people.”
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About 30 Chrysler LLC dealers were en route to Washington today on a 72-hour mission to lobby support for government assistance for Detroit's Big Three automakers.
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