Mortgage relief would revitalize U.S. economy, IMF's Lagarde says

04/12/2012 | Washington Post, The

Christine Lagarde, managing director of the International Monetary Fund, said the U.S. should reduce homeowners' mortgage debt to stimulate America's economy and spur growth throughout the industrialized world. The debt relief should be focused on loans held by the government-backed mortgage-finance firms Fannie Mae and Freddie Mac, she said.

View Full Article in:

Washington Post, The

Published in Brief: