Obama housing plan: from dismantling Fannie Mae to immigration reform
Speaking to more than 2,000 at Desert Vista High School in Phoenix, Obama laid out a six-point plan that he said will help first-time homebuyers and people who lost out when the bubble burst get home loans, make rental homes more affordable for people who don’t own houses, and ultimately wean American off the government-backed mortgage system that the president faulted with causing the housing crash in the first place.
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