WASHINGTON -(Dow Jones)- Taking his economic pitch to an area hard-hit by foreclosures, President Barack Obama promised strong measures to help people struggling with their mortgages and renewed his call for quick passage of fiscal stimulus legislation, saying “the time for talk is over.”

WASHINGTON -(Dow Jones)- A U.S. House panel on Tuesday approved legislation to avert an Oct. 1 ban on seller-funded downpayment assistance programs for federally-insured mortgages.

WASHINGTON -(Dow Jones)- A U.S. House panel on Tuesday approved legislation to avert an Oct. 1 ban on seller-funded downpayment assistance programs for federally-insured mortgages.

WASHINGTON -(Dow Jones)- A U.S. House panel on Tuesday approved legislation to avert an Oct. 1 ban on seller-funded downpayment assistance programs for federally-insured mortgages.

WASHINGTON -(Dow Jones)- A U.S. House panel on Tuesday approved legislation to avert an Oct. 1 ban on seller-funded downpayment assistance programs for federally-insured mortgages.