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Washington helps out homeowners

Senate Majority Leader Harry Reid, D.Nev., prepares to speak at a press conference after lawmakers approved a bailout for homeowners at risk of losing their homes.

Washington helps out homeowners

WASHINGTON — Congress approved mortgage relief for 400,000 struggling homeowners Saturday as part of an election-year housing plan that also aims to calm jittery financial markets and bolster the sagging economy. President Bush said he would sign it promptly, despite reservations.

07/26/08 7:40 PM

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Washington helps out homeowners

WASHINGTON — Congress approved mortgage relief for 400,000 struggling homeowners Saturday as part of an election-year housing plan that also aims to calm jittery financial markets and bolster the sagging economy. President Bush said he would sign it promptly, despite reservations.

>>> More

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