Friday, May 25, 2012
Two Obama initiatives to address foreclosure crisis face hurdles
The president’s proposals include an expanded refinancing plan for struggling homeowners and a new, aggressive probe of financial firms’ mortgage practices.
Two new initiatives from President Obama to address the foreclosure crisis — more help for struggling homeowners and aggressive investigations of financial firms — face significant hurdles as the nation’s real estate troubles linger in a volatile election year.
Read the original post on L.A. Times – Real Estate News
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