Fred Harteis News Articles – President Bush, in his first response to low-income families hit by the subprime mortgage crisis, plans to announce several steps Friday aimed at helping Americans with credit difficulties to meet the rising cost of their housing loans, administration officials said Thursday.
The officials said Mr. Bush would call for the Federal Housing Administration to raise the ceilings on what it can charge for federal mortgage insurance, a move that they said would enable an additional 80,000 homeowners with spotty credit records to take advantage ... more »
