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Joplin, one year after
May 22 marks the one year anniversary of a deadly tornado that ripped through Joplin, Missouri, killing 161 people. Slideshow
Edwards proposes lower rates to halt foreclosures
WASHINGTON |
WASHINGTON (Reuters) - Democratic Presidential candidate John Edwards on Wednesday said homeowners facing foreclosure should have the right to lowered rates or restructured loans from their lenders.
Edwards also said that any rate freeze on adjustable-rate mortgages, such as the Bush administration is considering, should last at least seven years.
(Reporting by Andy Sullivan, Editing by Chizu Nomiyama)
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