DATE: Tuesday, November 25, 1997            TAG: 9711250616

SECTION: BUSINESS                PAGE: D3   EDITION: FINAL 

                                            LENGTH:   16 lines

HUD OWES $70 MILLION

The Department of Housing and Urban Development is searching for 100,000 homebuyers whom it owes $70 million in refunds. The refunds are owed to homebuyers who paid off mortgages insured by the department's Federal Housing Administration in less than seven years. Homebuyers can call a toll-free telephone line - 1-800-697-6967 - or by searching HUD's Internet web site at (http://www.hud.gov/cgi-bin/refund2). KEYWORDS: TELEPHONE NUMBER HUD REFUND

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