WASHINGTON (Reuters) - The Federal Reserve on Tuesday took a step toward easing mortgage foreclosures threatening millions of Americans, announcing that it would write down troubled mortgages to keep people in their homes.
Reuters: Top News, Reuters
Tue, 01/27/2009 - 4:03pm
WASHINGTON (Reuters) - The Federal Reserve on Tuesday took a step toward easing mortgage foreclosures threatening millions of Americans, announcing that it would write down troubled mortgages to keep people in their homes.