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Monday, 02/06/2012 6:22:41 PM

Monday, February 06, 2012 6:22:41 PM

Post# of 796694
FNMA ALERT UP 25% - Obama presses Congress to step up aid for homeowners


(Reuters) - President Barack Obama on Wednesday proposed a multi-billion-dollar package to help U.S. homeowners refinance and stave off foreclosure, part of an election-year push that is likely to face an uphill battle by the Republican opposition in Congress.

http://www.reuters.com/article/2012/02/01/us-usa-housing-idUSTRE80Q20V20120201