President Obama reached out to the five states most affected by the housing meltdown Friday, but the gesture appears to be longer on promise than substance.
The idea is to set aside $1.5 billion in foreclosure initiatives for homeowners in Nevada, Michigan, Arizona, California and Florida. All have seen at least 20% declines in home values [...]
Obama’s Newest Initiative Helps … Well, A Few
1 Comment · Foreclosure Rates in USA, Preventing Foreclosure
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