Feeling More Heat to Address the Mortgage Meltdown

Pressure is building on the White House to make a more aggressive plan to relieve the mortgage crisis.

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Pressure is building on the White House to come up with a more aggressive plan for relieving the mortgage crisis. Americans are increasingly concerned that the housing troubles might undermine the overall economy. And Federal Reserve Chairman Ben Bernanke told a bankers group last week that "efforts by both government and private-sector entities to reduce unnecessary foreclosures are helping, but more can—and should—be done." President Bush is concerned about rising delinquency and default rates, aides say, but he isn't ready to propose another big legislative package quite yet. First, he wants to assess the impact of the economic stimulus plan that he signed into law earlier this year.