(CNN) - President Obama will announce Tuesday a plan to help those hard-hit by the housing crisis, a White House official said.
"Today, the president is announcing two steps the administration is taking to support homeowners and their families - providing relief for service members and veterans, including those wrongfully foreclosed upon or denied a lower interest rate on their mortgages, and reducing fees for FHA borrowers looking to refinance," the official said. Obama will make the announcement at an afternoon news conference.
Read more about the Obama Administration plan.
Willard's solution: "Let the foreclosure process run it's course."
If we took this man's advice on anything, besides his healthcare law, we'll be in a world of hurt. We will no longer have a auto industry and millions more people would have lost their homes to foreclosure if Willard had his way.
wow... it only took 3 yrs to address this issue... must be election time... this stinks to high heaven.. no wonder america dont believe what politicans say...
Thank you Mr. President for once again looking out for our middle-class.
Obama 2012. Seriously America.
ok, whats the republican argument against this?
Oil companies are manipulating...watch out. Nationalize them., till we push Alternate-Energy and Fuel-Efficient Cars....good luck.