Obama Housing Plan

Up next in the housing crisis: Strategic default

Mark Miller | Posted 01.04.2010 | Business


Mark Miller

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.

Obama Housing Plan Being Expanded

AP | ALAN ZIBEL | Posted 06.14.2009 | Politics


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...

"We were trained to mislead borrowers"

Adam Lioz | Posted 04.07.2009 | Politics


Adam Lioz

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...

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

New York Times | JOHN D. GEANAKOPLOS and SUSAN P. KONIAK | Posted 04.05.2009 | Business


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...

Preventing Foreclosure: Government Incentives For Homeowners

New York Times | EDMUND L. ANDREWS | Posted 04.05.2009 | Business


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

What is Fair?

Joe Peyronnin | Posted 03.24.2009 | Home


Joe Peyronnin

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.

Obama Foreclosure Speech: Housing Plan (FULL TEXT)

The Huffington Post | Rachel Weiner | Posted 03.21.2009 | Politics


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...

Obama May Press Banks To Cut Mortgage Payments

nytimes.com | EDMUND L. ANDREWS | Posted 03.20.2009 | Business


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