Obama housing plan will have impact in March: Bair (Reuters)

FDIC Chairman Sheila Bair testifies before the House Financial Services Committee, about housing foreclosures, on Capitol Hill, September 17, 2008. (Larry Downing/Reuters)Reuters – The Obama administration’s $275 billion program to stem a wave of U.S. home foreclosures will start having an impact as soon as March, Federal Deposit Insurance Corporation chairman Sheila Bair said on Thursday.

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