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November 25, 2008

Florida's Gov. Crist weighs a holiday foreclosure freeze

Gov. Charlie Crist said Monday he is considering imposing a temporary freeze on housing foreclosures in Florida to provide some holiday relief from the housing and financial turmoil that continues to shock the state's economy. California Gov. Arnold Schwarzenegger is considering a similar proposal. Resistance to a freeze is expected from lenders and mortgage servicing companies.

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