Obama vows to help struggling homeowners
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Barack Obama, his campaign for the Democratic presidential nomination bolstered by endorsements, told a cheering union hall on Friday that he would provide relief for homeowners struggling to make mortgage payments and deliver tax cuts to the middle-class.
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Homeowners with subprime mortgages struggling under payments need federal government help to ease them through the crisis, a leading consumer advocacy group said on Wednesday.
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Barack Obama on Sunday called for unity to overcome the country's problems as he acknowledged that "none of our hands are clean" when it comes to healing divisions.
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Federal Reserve ex-head Alan Greenspan calls for direct help for homeowners hit by the credit crunch.
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SPRINGFIELD, Illinois  - Democratic presidential hopeful Barack Obama, citing the legacy of Abraham Lincoln, pledged on Saturday to bridge the partisan divide in Washington, end the war in Iraq and transform American politics as the first black U.S. president.
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Looking to help homeowners avoid foreclosure, the Democratic-controlled House wants to insure mortgages and provide affordable housing grants well beyond limits favored by the Bush administration.
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Sen. Barack Obama, D-Ill., visited a sprawling tent camp in eastern Ethiopia on Thursday for people displaced by devastating floods earlier this month, saying the U.S. military will continue to help the region.
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Democratic presidential  hopeful Barack Obama on Wednesday proposed an economic agenda  designed to help struggling lower and middle class workers,  including new plans to make college more affordable and  strengthen retirement security.
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WASHINGTON -- President Bush, acknowledging that the country is suffering through a period of economic uncertainty, called on Congress Monday to do more to help people and businesses hurt by the housing slump and credit crunch.
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Faced with the collapse of the subprime mortgage market that has pockmarked their cities with vacant houses, the nationâs mayors pleaded for a huge infusion of federal aid.
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Barack Obama called Sunday for unity to overcome the country's problems and acknowledged that "none of our hands are clean" when it comes to healing divisions. Hillary Rodham Clinton picked up a Harlem church leader's endorsement.
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Democratic presidential  hopeful Barack Obama said on Friday the United States has a  "special obligation" to help American Indians and pledged to  hold annual summits with tribal leaders if he is elected in  November.
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Treasury Secretary Henry Paulson will use a speech Monday to defend the Bush Administration's plan to "freeze" mortgage rates for some subprime borrowers and also to call on Congress to pass legislation to head off a housing crisis.
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President George W. Bush will  propose reforms on Friday intended to help homeowners with  subprime mortgages avoid default, his first public step to  address a crisis that has created turmoil in financial markets  around the world.
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The Patrick administration's chief housing official yesterday called for better regulation of mortgage brokers and the establishment of a $5 million fund to assist the escalating number of Massachusetts homeowners facing the loss of their homes through foreclosure.
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Barack Obama wants to hear about the challenges facing rural communities.
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CONCORD, N.H. -- In the early evening of July 2, Sen. Barack Obama arrived at the end of a long gravel driveway belonging to Gary and Meg Hirshberg. In the back yard were 250 people -- potential supporters, potential donors -- waiting to hear from him. First, though, Obama had more important...