Obama Threatens Veto of Two Bills That Would Kill Housing Aid (Bloomberg)

The Obama administration threatened to veto two measures being pushed by U.S. House Republicans that would eliminate programs aimed at helping people who are struggling to pay their mortgages, the administration said.

The House of Representatives is set to vote this week to kill an effort to lower mortgage payments for so-called underwater borrowers as well as an emergency fund for homeowners who have lost their incomes.

For full article, click [HERE]| Bloomberg


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