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U.S. President Barack Obama waves before delivering his State of the Union address in front of the U.S. Congress, on Capitol Hill in Washington, January 28, 2014. Vice President Joe Biden (L) and House Speaker John Boehner (R-OH) applaud the president. REUTERS/Kevin Lamarque (UNITED STATES - Tags: POLITICS)

Obama speech calls for U.S. housing system overhaul

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WASHINGTON, Jan 28 (Reuters) - President Barack Obama renewed his call on Tuesday to wind down mortgage-finance giants Fannie Mae and Freddie Mac and revamp the housing finance system to include a more limited government backstop.


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