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Is help on the way?

$700b bailout offers no homeowner relief

Joyce Hodge's mortgage payment rose to $3,200 a month last year when the adjustable rate on her subprime loan increased. Joyce Hodge's mortgage payment rose to $3,200 a month last year when the adjustable rate on her subprime loan increased. (Pat Greenhouse/Globe Staff)
By Jenifer B. McKim
Globe Staff / October 31, 2008

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As the government spends billions to prop up troubled financial firms, Joyce Hodge doesn't understand why she can't get help to shave $400 off her monthly mortgage to avoid foreclosure. (Full article: 1061 words)

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