U.S. Watchdog Panel Critical of Obama’s $275B Mortgage Plan
Obama’s $275 billion plan to help as many as nine million American homeowners refinance their mortgages, avert foreclosure and help shore up and stabilize housing prices is encouraging, but it doesn’t do enough, about, for instance, legal impediments to mortgage modification, said a U.S. Congress watchdog panel on Friday. Reuters: In a report that highlights the [...]
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