Tuesday, July 31, 2012

White House sees more housing aid needed to boost economy

WASHINGTON (Reuters) - The White House said on Friday that housing rescue programs are still needed to help homeowners who remain behind on their mortgage payments due to the housing boom and bust that helped fuel the 2007-2009 recession. "We are far from where we want to be," White House Press Secretary Jay Carney told reporters when asked about the current state of the housing market
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White House sees more housing aid needed to boost

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