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Obama to tout success of mortgage refinancing

Barack Obama

President Obama will announce new figures Friday showing a dramatic spike in the number of Americans taking advantage of federal programs designed to help struggling homeowners and stabilize the lagging housing industry, administration officials said Thursday.

 

Obama Plans Refinancing Aid, Loans for Jobless Homeowners, HUD Chief Says

Obama Plans Refinancing Aid, Loans for Jobless Homeowners, HUD Chief Says

Michael Feder, chief executive officer of Radar Logic Inc., talks about US home prices and the outlook for the housing market. US home prices fell 1.6 percent in the second ...

 

Refinancing aid reaches few ailing homeowners

Refinancing aid reaches few ailing homeowners

Less than 3 percent of "underwater" borrowers decide that the benefits of a new loan through government program are worth the closing costs.

 

Obama Announces New Plan To Aid Homeowners

President Barack Obama announced fresh aid to struggling homeowners in California Thursday, playing a bit of divide-and-conquer by pitting his Republican critics in Washington against GOP governors and mayors eager for the federal money.

 

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