Back in January, President Barack Obama promised to push ahead in Congress with initiatives to clear the way for homeowners trying to refinance. But lawmakers, including members of Mr. Obama?s own party, haven?t exactly been in rapid-response mode on the issue.
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US President and Congress prepare for one last try to avert the 1 January fiscal cliff. ||| President Barack Obama and members of Congress prepared for one last try to avert across-the-board tax increases and spending cuts known as ... Read Post
President Barack Obama will again try to fix the nation's housing crisis, preparing to announce new rules to ease refinances for homeowners with little or no equity. The New York Times reported, citing an administration source, that... Read Post
In his State of the Union speech, the President said: Millions of innocent Americans have seen their home values decline. And while government can’t fix the problem on its own, responsible homeowners shouldn’t have to sit and wait f... Read Post