[QODLink]
Americas
US homeowners urge mortgage overhaul
Consumers say mortgage giants Fannie Mae and Freddie Mac not doing enough to help homeowners.
Last Modified: 13 Sep 2012 13:07

It has been four years since the US government spent $188bn to bail out two giant mortgage companies known as Fannie Mae and Freddie Mac.

Despite the government bailout, consumers are complaining the mortgage firms are still not doing enough to help homeowners.

In one suburb of Boston, the community is littered with abandoned houses that Freddie Mac and Fannie Mae have been unable to help.

Al Jazeera’s Kristen Saloomey reports from Dorchester, Massachusetts.

76

Source:
Al Jazeera
Topics in this article
People
Country
City
Organisation
Featured on Al Jazeera
UNHCR says hundreds of people trapped in Yaloke town risk death if they are not evacuated to safety urgently.
'Justice for All' demonstrations swell across the US over the deaths of African Americans in police encounters.
Six former Guantanamo detainees are now free in Uruguay with some hailing the decision to grant them asylum.
Disproportionately high number of Aboriginal people in prison highlights inequality and marginalisation, critics say.
Featured
Long-standing dispute over Christian use of the word 'Allah' raises concerns about a very un-Merry Christmas.
The threat posed by ISIL has prompted thousands of young Kurds to join the PKK.
Baja California - with its own grim history of disappeared people - finds a voice in the fight against violence.
Russian feminist rockers fight system holding 700,000 - the world's largest per capita prison population after the US.
Weeks of growing protests against Muslims continue in Dresden with 15,000 hitting the streets last Monday.