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WASHINGTON – Today, the U.S. Department of the Treasury announced that it will launch a new pilot program to help capitalize on tax refund season as an opportunity to provide unbanked and underbanked Americans with access to safe, low-cost financial accounts. This pilot will deliver targeted offers to certain low and moderate income individuals to ... more Also: Conference on the Future of Housing Finance, Secretary Geithner Delivers Remarks on Restoring America to a Pro-Growth Tax and Fiscal Policy
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The Financial Stability Plan will help ensure that businesses with good ideas have the credit to grow and expand, and working families can get the affordable loans they need to meet their economic needs and power an economic recovery.
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Making Home Affordable, which includes mortgage modification and refinancing programs, is a critical piece of the Administration's broad efforts to stabilize the housing market and provide relief to struggling homeowners.
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It is time to restore responsibility and accountability to our financial system and provide Americans with the confidence that there is a system in place that works for and protects them - not just the banks and other financial institutions.
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