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Obama wants Congress to help homeowners

18.05.12 By JIM KUHNHENN
Associated Press

RENO, Nev. (AP) - Refocusing on the economy, President Barack Obama on Friday pushed Republicans to back housing policies the White House says would help shore up struggling homeowners and prevent foreclosures.

Against the backdrop of a middle-class neighborhood in economically hard-hit Nevada, Obama touted steps his administration has already taken to help homeowners refinance their mortgages. But the president said he needed help from lawmakers in order to expand the refinancing efforts.


Source: KTTC

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