Boston Fed hires stadium for home-loan class

The scale of the problem in US mortgages has been illustrated by the Boston Federal Reserve holding a workshop for struggling homeowners at the stadium of the New England Patriots, an American football team.

The Gillette Stadium will host the event on 12 August, which is aimed at providing homeowners facing foreclosure with the chance to sit down with lenders to try and develop a solution.

Eric Rosengren, the president of the Boston Federal Reserve, said he hoped the setting would coax

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