Obama said to call for limited US role backing mortgages

Author: Eamonn Sheridan | Category: News

From a White House release of fact sheet, reported via Bloomberg:

  • said to outline path to replace Fannie Mae and Freddie Mac
  • Obama to speak on housing, the economy, in Phoenix tomorrow
  • Obama’s position on mortgages echoes bipartisan Senate Bill

ADDED – Slightly more here: Obama to back mortgage finance reform to speed housing recovery

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