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  • obama pitches mortgage overhaul as housing rallies

    Obama pitches mortgage overhaul as housing rallies

    World | Aug 07, 2013, 09:16 AM IST

    Phoenix, Aug 7: President Barack Obama on Tuesday proposed a broad overhaul of the U.S. mortgage finance system, including winding down government-backed mortgage giants Fannie Mae and Freddie Mac. He declared that taxpayers should never