obama stimulus plan loan modification latest news


Obama Purposes Latest Homeowner-Relief Plan - LoanSafe


Obama Purposes Latest Homeowner-Relief Plan
LoanSafe
by Evan Bedard on February 1, 2012 in Mortgage Assistance (Source: By Dave Boyer, The Washington Times) - Only three months after proposing a mortgage-relief plan for struggling homeowners, President Obama went back to the drawing board Wednesday with ...

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Two Obama initiatives to address foreclosure crisis face hurdles - Los Angeles Times


Los Angeles Times
Two Obama initiatives to address foreclosure crisis face hurdles
Los Angeles Times
Such initiatives could include converting foreclosed homes into rentals or increasing loan modifications. "This is primarily economic stimulus," Kolko said. "It puts money in the pockets of people with mortgages. It won't impact the housing market much ...

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Obama takes aim at housing bust in State of the Union speech - Los Angeles Times


Los Angeles Times
Obama takes aim at housing bust in State of the Union speech
Los Angeles Times
“I'm sending this Congress a plan that gives every responsible homeowner the chance to save about $3000 a year on their mortgage, by refinancing at historically low interest rates,” Obama said Tuesday night. “No more red tape.
Ahead of State of the Union, rating Obama's past promisesmsnbc.com
President Obama's State of the Union Housing ProposalBrookings Institution
Obama's State of the Union: Investment Opportunities and RisksWall Street Daily
Opposing Views
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In Las Vegas, HUD secretary touts Obama's plan to help struggling homeowners - VEGAS INC


In Las Vegas, HUD secretary touts Obama's plan to help struggling homeowners
VEGAS INC
By Ric Anderson (contact) AP The Housing and Urban Development Secretary Shaun Donovan visited Las Vegas on Wednesday to discuss the president's latest plan to ease the housing crisis. In a lead-in to President Barack Obama's appearance in Southern ...

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Florida primary turns spotlight on housing bust's fallout - USA TODAY


USA TODAY
Florida primary turns spotlight on housing bust's fallout
USA TODAY
"Don't try and stop the foreclosure process," Romney said in an October interview in Las Vegas, arguing that President Obama's programs to refinance and modify loans have stalled recovery by stretching out the time before homes can be resold at their ...

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CREDIT MARKETS: Treasurys Up After GDP, Corporate Debt Resilient - Wall Street Journal


CREDIT MARKETS: Treasurys Up After GDP, Corporate Debt Resilient
Wall Street Journal
Coupled with the central bank's ongoing purchases of longer-dated Treasurys, the Fed's monetary stimulus cheered up bond bulls and frustrated bond bears' push for higher yields. Bond prices fell early on Friday, hurt by successful short-dated debt ...

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Wonkbook: 66 percent of Americans see 'serious conflict' between rich and poor - Washington Post (blog)


Wonkbook: 66 percent of Americans see 'serious conflict' between rich and poor
Washington Post (blog)
4) Obama is planning a push for policies to reward firms that return jobs to the US, reports Zachary Goldfarb: "President Obama said Wednesday that he plans to put forward a series of tax proposals to 'reward companies that choose to bring jobs home' ...

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House Republicans Question Safety of Chevy Volt Batteries - The New American


House Republicans Question Safety of Chevy Volt Batteries
The New American
As previously reported by The New American, Chevy and government officials sparred over allegations that the Volt's batteries are a fire hazard and that they may need modifications: The crash tests punctured the cases of the batteries, ...

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Proposed Homeowners “Bill of Rights” A Compendium of Existing Statutes and ... - Firedoglake


Proposed Homeowners “Bill of Rights” A Compendium of Existing Statutes and ...
Firedoglake
So the President delivered his remarks on this collection of housing policy announcements today, or should I say stimulus policy. As expected, it included this mass refi proposal, along with the announcement of the beginning of GSE sales of foreclosed ...


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Such Pessimism Is Unwarranted -- Who Should Rescue Housing? - Huffington Post (blog)


Such Pessimism Is Unwarranted -- Who Should Rescue Housing?
Huffington Post (blog)
The Obama administration is still not serious about either their HAMP or HARP II loan modification programs. They had set aside some $11 trillion from the ARRA legislation back in 2009 that hasn't been spent! Why? We are not sure, but know Treasury ...


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