New York (CNNMoney) - Finally! A presidential candidate brought up the housing crisis.
Appearing Thursday night on The Daily Show, President Barack Obama said that housing has been one of the weakest parts of the economic recovery. But he blamed Congress for not doing more to help struggling homeowners, specifically citing his plan to expand refinancing for underwater borrowers who owe more than their property is worth. Refinancing typically puts an additional $3,000 in a homeowner's pocket, he said.FULL STORY