Obama’s refinance dilemma
Is President Barack Obama's latest plan to allow millions more struggling homeowners to refinance their mortgages actually further stalling a housing market recovery? Critics of the proposal, announced last week, say the chief drawback is that it's setting up a delay in foreclosures, which, in turn, prevents home prices from hitting bottom.
Republicans, who believe government
This entry was posted in Mortgages and tagged foreclosures, housing market, Mortgages, Obama, recovery, Refinance. Bookmark the permalink.
