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  • Obama pitches mortgage overhaul in Phoenixadd to reading list  

    Posted on August 6, 2013 at 12:20 PM

    Updated Friday, Aug 16 at 12:20 PM

    Buoyed by an improving housing market, President Barack Obama on Tuesday proposed a broad overhaul of the nation's mortgage finance system, including winding down government-backed Fannie Mae and Freddie Mac.

    By Julie Pace, AP White House Correspondent