Feb. 13 (Bloomberg) — The White House is willing to spend more than the $50 billion already pledged to stem home foreclosures and intends to focus its efforts on reducing monthly mortgage payments, not principal, said Lawrence Summers , the president's top economic adviser.
Read more here: Summers Says Obama Mortgage Plan to Focus on Reducing Payments (Bloomberg)
Friday, February 13, 2009
Summers Says Obama Mortgage Plan to Focus on Reducing Payments (Bloomberg)
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