Thursday, August 25, 2011

US May Back Mortgage Refinancing for Millions - CNBC

US May Back Mortgage Refinancing for Millions - CNBC
The Obama administration is considering further actions to strengthen the housing market, but the bar is high: plans must help a broad swath of homeowners, stimulate the economy and cost next to nothing.
------------
I feel as though Obama has waited far too long to seriously address the housing market and the unemployment situation. And if he is thinking about next year's election, it may be too late for these initiatives to make any difference.

1 comment:

Anonymous said...

Where is the help and the investigations, by legitimate US agencies, authorities and "the empowered," in the illegal and fraudulent HOA foreclosures. Help for these homeowners (now homeless former homeowners)is long over due!