Obama Speech on U.S. Economy, Housing Market

Obama Speech on U.S. Economy, Housing Market Play

Aug. 6 (Bloomberg) -- President Barack Obama speaks in Phoenix about progress made in repairing the nation's economy and housing market, and his proposals to help complete the housing recovery. The president said private capital must take a bigger role in the nation’s mortgage market with the U.S. government continuing to provide a backstop only against catastrophic risk. (Source: Bloomberg)

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