President's Radio Address to the Nation - December 7, 2007

In his weekly radio address President Bush said, “Congress needs to pass legislation to modernize the FHA. This bill could allow the FHA to help 250,000 families by the end of 2008. Congress needs to temporarily reform the tax code to help homeowners refinance during this time of housing market stress. And Congress needs to pass funding to support mortgage counseling. With this funding, we could help more homeowners choose the mortgage that is right for them.”

More info: www.whitehouse.gov