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By:
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Greg Mischio - MortgageLoan.com | 03/10/2009 - 1:04am
In addition to the huge federal bailout of failed financial institutions, the U.S. Treasury Department is taking steps to get money flowing in other critical lending sectors. They've recently committed as much as $60 billion to the student loan market in an effort to reduce the illiquid assets on banks' balance sheets.