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Obama to Unveil Additional Homeowner Aid
...The program, which Mr. Obama will announce in Las Vegas, is for states where the average home value for all homeowners in the state has dropped more than 20% from its value at the height of the housing bubble. About a half-dozen states qualify, including Nevada, Florida, California and Michigan.

Mr. Obama is appearing in Nevada Friday with Senate Majority Leader Harry Reid, who is fighting for re-election in November amid voter anger over the state's high unemployment and widespread housing woes....