The government would help struggling homeowners get new, cheaper loans and be allowed to offer troubled mortgage giants Fannie Mae and Freddie Mac a cash infusion as part of legislation that aims to calm the chaotic housing market.
The government would help struggling homeowners get new, cheaper loans and be allowed to offer troubled mortgage giants Fannie Mae and Freddie Mac a cash infusion as part of legislation that aims to calm the chaotic housing market.
WASHINGTON (Reuters) - President George W. Bush will sign a housing rescue package into law despite opposing part of the legislation, the White House said on Wednesday, paving the way for measures to shore up the worst U.S. home market since the Great Depression.
