The story

A bill that would allow the government to guarantee new mortgages for homeowners facing foreclosure passed the House on Thursday, but it faces a veto threat from the White House and an uncertain fate in the Senate.

The bill was approved by a vote of 266-154.

A companion bill that would send $15 billion to states to buy and fix up foreclosed properties also passed the House by a vote of 239-188. Read full article »

CNN's Scott Anderson and Lesa Jansen contributed to this report.

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