Critics: New Fed Mortgage Plan Insufficient

Fannie Mae/Freddie Mac

AP: “The plan focuses on loans Fannie and Freddie own or guarantee. They are the dominant players in the U.S. mortgage market but represent only 20 percent of delinquent loans.”

WSJ: “The response intensifies an already fraught debate over the government’s approach to the mortgage crisis.”

TIME: “The details of how, exactly, monthly payments will be lowered has raised concern in certain quarters.”

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