Obama Housing Plan

Homes, Banks, and Politics: Round 2 of Settlement Talks

Mike Lux | Posted 04.06.2012

Read More: Elections 2012, Mortgage Crisis, Wall Street, Big Banks, Barack Obama, Obama Housing Crisis, Obama Mortgage Plan, Obama Housing Plan, Business News

There are two big ways for more mortgage write-downs to happen, and two big goals progressives should have for the financial fraud task force.

Read Post

Obama Holds First News Conference Of 2012

AP | BEN FELLER | Posted 05.06.2012

Read More: Obama Iran, Obama Mortgage Plan, Video, Obama Housing Plan, Obama News Conference, Obama Press Conference, President Obama, Obama, Obama Tax Cuts, Obama Israel, Barack Obama, Politics News

WASHINGTON — Amid fresh concerns over the safety of American forces, President Barack Obama on Tuesday said the accidental burning of Qurans in ...

Read Whole Story

Policy Follies in the Housing Market: The First-Time Homebuyers Tax Credit

Dean Baker | Posted 04.14.2012

Read More: Housing Crisis, Obama Housing Crisis, Obama-Homebuyers-Tax-Credit, First-Time Homebuyers Tax Credit, Housing Crash, GOP Housing Plan, Homebuyers Tax Credit, Obama Housing Plan, Business News

If this policy had been proposed by liberals with the idea of helping the poor, its failure likely would have been a huge political issue in the 2012 election and likely for many years beyond.

Read Post

Is There a Wikipedia to Go Dark for Homeowners?

David M. Abromowitz | Posted 04.07.2012

Read More: Homeowners, Refinancing, Foreclosure, Obama Housing Plan, Sopa, Mortgages, Congress, John Boehner, Politics News

Saying millions of families should wait until the "market clears" is the modern equivalent of "let them eat cake." Clearing the market is an economist's term for letting the tidal wave of foreclosures continue.

Read Post

Boehner Says Government Should Stop Helping Homeowners

HuffingtonPost.com | Michael McAuliff | Posted 02.02.2012

Read More: Foreclosures, Federal Housing Administration, John Boehner Mortgage Crisis, John-Boehner, Video, Obama Housing Plan, John Boehner, Obama Mortgages, Mortgage Crisis, 112th Congress, Home Foreclosures, John Boehner Forclosures, Underwater Mortgages, Politics News

WASHINGTON -- House Speaker John Boehner thinks it's about time for the government to stop trying to aid people with underwater mortgages. Respondi...

Read Whole Story

Voters With Housing Woes Giving Up On Politicians

AP | By JERI CLAUSING | Posted 12.25.2011

Read More: Foreclosures, Home Affordable Refinance Program, Obama Mortgage Plan, Video, Obama Housing Plan, Obama Economic Plan, Foreclosure-Crisis, Mortgage Crisis, Harp, Barack-Obama, Obama Harp, Barack Obama, Housing Crisis, Politics News

MESA, Ariz. (AP) -- Like just about everyone in the Phoenix area, Jen Pollock has lost several neighbors to foreclosure and short sales. And, like hun...

Read Whole Story

Obama Draws Heat For Controversial Vegas Comments Ahead Of Trip

AP/The Huffington Post | Posted 12.24.2011

LAS VEGAS — President Barack Obama has a Sin City problem that won't go away. Obama is counting on Nevada's support for reelection next year. He ...

Read Whole Story

Spencer Bachus, Key House Republican, Praises Obama Housing Plan

AP | ALAN FRAM | Posted 05.25.2011

Read More: Tim Geithner, Spencer Bachus, Spencer Bachus Geithner, Spencer Bachus Obama, Spencer Bachus Housing, Obama Housing Plan, Obama Housing Spencer Bachus, Politics News

WASHINGTON — The Obama administration's plan to gradually dissolve ailing housing giants Fannie Mae and Freddie Mac and to shrink the government...

Read Whole Story

Up next in the housing crisis: Strategic default

Mark Miller | Posted 05.25.2011

Read More: Housing Market, Obama Housing Plan, Making Home Affordable, Housing, Making Home Affordable Program, Mortgage Crisis, Foreclosure, Real Estate, Housing Crisis, Retirement Planning, Housing Bubble, Strategic Defaults Credit Scores, Business News

The next big issue is "strategic default" -- homeowners who can afford their payments but walk away from mortgages and accept foreclosure because they're facing financial stress.

Read Post

Obama Housing Plan Being Expanded

AP | ALAN ZIBEL | Posted 05.25.2011

Read More: Obama Housing, Obama Housing Plan, President Obama Housing Plan, Obama Housing Expansion, Obama Mortgage Plan, Obama Mortgages, Politics News

With less than 24 hours on the clock, Rose Inman's foreclosure was postponed Thursday for 60 days. But after spending hundreds of dollars she couldn't...

Read Whole Story

"We were trained to mislead borrowers"

Adam Lioz | Posted 05.25.2011

Read More: Bankruptcy, Subprime Mortgages, Mortgage, Brave New Films, Progressive Future, Housing Crisis, Cram Down, Judicial Modification, Obama Housing Plan, Mortgage Bankers Association, Politics News

One every 13 seconds. That's how many families are losing their homes to foreclosure. More than 8 million families are at risk. And, this is no...

Read Post

Preventing Foreclosure: Government Incentives For Homeowners

New York Times | EDMUND L. ANDREWS | Posted 05.25.2011

Read More: Obama Housing Crisis, Obama Mortgage Crisis, Obama Housing Plan, Housing, Obama Housing, Obama Administration, Housing Crisis, Business News

WASHINGTON -- The Obama administration on Wednesday began the most ambitious effort since the 1930s to help troubled homeowners, offering lenders and ...

Read Whole Story

Editorial: Obama's Housing Plan "Won't Fix The Problem"

New York Times | JOHN D. GEANAKOPLOS and SUSAN P. KONIAK | Posted 05.25.2011

Read More: Obama Housing Crisis, Mortgages, Housing Market, Mortgage, Subprime Mortgages, Obama Housing Plan, Obama Housing, Mortgage Crisis, Barack Obama, Housing Crisis, Business News

TO stanch the hemorrhage of foreclosures, we don't need another bailout. What we need is a fix -- and the wisdom to see what is in our own self-intere...

Read Whole Story

What is Fair?

Joe Peyronnin | Posted 05.25.2011

Read More: U.S. Economy, President Obama, Housing Crisis, Obama Mortgage Plan, Obama Foreclosure Speech, Homeowner Affordability and Stability Plan, Obama Arizona, Obama Foreclosures, Mortgage Plan, Obama Housing Plan, Obama Housing, Home News

These are not ordinary times, so extraordinary steps must be taken. While differences of opinion should be heard, at the end of the day actions must be taken now.

Read Post

Obama Foreclosure Speech: Housing Plan (FULL TEXT)

The Huffington Post | Rachel Weiner | Posted 05.25.2011

Read More: Obama Mortgage Plan, Mortgage Plan, Obama Housing, Obama Foreclosure Speech, Obama Foreclosures, Obama Arizona, Obama Housing Plan, Homeowner Affordability and Stability Plan, Politics News

Barack Obama announced his plan to reduce foreclosures at Dobson High School in Mesa, Arizona Wednesday. The $75 billion plan could prevent up to 9 mi...

Read Whole Story

Obama May Press Banks To Cut Mortgage Payments

nytimes.com | EDMUND L. ANDREWS | Posted 05.25.2011

Read More: Obama Plan Government Subsidies, Obama Housing Foreclosure, Obama Housing Plan, President Obama, Obama Mortgage, Obama Foreclosure Crisis, Housing Crisis, Business News

WASHINGTON -- President Obama's plan to reduce the flood of home foreclosures will include a mix of government inducements and new pressure on lenders...

Read Whole Story