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.
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
President Barack Obama on Wednesday called on Congress to approve a $5 billion to $10 billion effort to help U.S. homeowners refinance as part of a wider package of proposals to shore up the depressed housing market. Read Post