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

President Barack Obama speaks about relief for Americans facing home foreclosure at Dobson High School in Mesa, Arizona February 18, 2009. (Joshua Lott/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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