House Approves Mortgage Remedy ; Measure Would Help Lower Payments
The Record, Bergen County, NJ › June 05, 2008
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Summary
WASHINGTON The House on Thursday passed a massive homeowner rescue plan to pro-vide cheaper, government-backed mortgages to half a million debt-ridden borrowers and bolster an economy crippled by the housing crisis.
Defying veto threats from President Bush, the House approved the measure by a vote of 266-154, with 39 Republicans mostly from areas suffering worst from housing woes supporting it.See the full content of this document
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House Approves Mortgage Remedy ; Measure Would Help Lower Payments
It would let the Federal Housing Administration take on up...
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