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Obama touts housing refinance plan in Reno

There he is expected to tout legislation — a bill in the Senate that appears to be gaining some traction — that reduces barriers for homeowners to refinance their mortgages into lower interest rates.

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The state has led the nation in unemployment and foreclosures, although there has been some recovery on that front in recent months.

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Read more on Obama's remarks in Nevada on The Hill's On The Money Blog.