Barack Obama - Articles

Chicago Fight for Presidential Library Is Tale of Two Cities

M. Spencer Green/The Associated Press By Jason Keyser CHICAGO -- Barack Obama's journey from community organizer to lawmaker to president was also a journey through several different Chicagos, from the city's isolated and neglected Far South Side to its elite centers of political and social power. So it's perhaps no... Continue Reading »

Mortgage Rates Could Rise Should Fannie, Freddie Shut Down

Jacquelyn Martin/APPresident Barack Obama speaking Tuesday about housing in Phoenix. By ANDREW MIGA WASHINGTON -- Homebuyers could feel the pinch if Congress follows through on plans to shut down Fannie Mae and Freddie Mac, the government-controlled mortgage guarantee giants that were rescued by a $187 billion taxpayer... Continue Reading »

Obama to Propose Shuttering Freddie Mac, Fannie Mae

John Raoux/AP By JULIE PACE WASHINGTON -- President Barack Obama is proposing to overhaul the nation's mortgage finance system, including shutting down government-backed Fannie Mae and Freddie Mac. And he has some bipartisan support on Capitol Hill. Obama was to outline his proposals Tuesday at a construction company in... Continue Reading »

Obama's Former Landlady, Johnsie Walsh, Says President Had 'Simple Needs'

We know that President Obama was a very good roommate. Now we're hearing from his former landlady, Johnsie Walsh, that he was also a very good tenant! He rented a very "plain Jane" and "meager" one-bedroom pad in Johnsie Walsh's Stanton Park, D.C., apartment building. At the time, Obama was just a senator, and though he... Continue Reading »

Soldier Flies American Flags Upside-Down to Protest Obama's Re-Election

There have been many controversies sparked over homeowners' use of American flags on their properties, but this protest might be one of the more peculiar cases. A woman in Copenhagen, N.Y., has two U.S. flags flying upside-down in front of her home, a general sign of distress or protest. Of course, she's not just any... Continue Reading »

Opinion: In Obama's Second Term, What Will Happen to the Housing Market?

Mark Calabria (pictured at left) is the director of financial regulations studies at the Cato Institute, a public policy research organization. The most glaring absence during the hard-fought campaign between President Barack Obama and Mitt Romney was any offer of substance regarding the housing market. It was, after... Continue Reading »

View Our Post-Election Hangout With DailyFinance, AOL Jobs, AOL Real Estate

This live chat has ended, but view it on video below. Go to the AOL Jobs Google+ page at 12:30 p.m. EST and join in our post-election Hangout! We'll have our staff answering your questions about what Obama's second term could mean for the future of housing, jobs, and the economy. Don't have a Google+ account? No problem!... Continue Reading »

Election Day Housing Issues: What You Should Know As You Vote

It's Election Day, and we hope you're getting out to the polls to make your voice heard, but make sure you're making an informed decision. Though the battered state of the housing market hasn't played a huge role in the debates, the next president will be responsible for steering the direction of the real estate recovery.... Continue Reading »

Presidential Election 2012: Obama's Housing Policy Wins and Losses

By John Kelly In their platform, Democrats tell it this way: President Barack Obama's "swift action" stabilized a crisis-stricken housing market and helped millions of American families stave off foreclosure through restructured loans that shaved hundreds of dollars off their mortgage bills. The president "cracked down"... Continue Reading »

Making the White House a 'Home'

By Mary Boone Leading a nation is tough work. When the president of the United States goes to his private residence at the end of the day, he undoubtedly yearns for the comforts of "home." But what does that home look like? The second floor of the White House is the first family's residence, where their bedrooms and... Continue Reading »

How Obama, Romney Really Compare on Housing

By With the presidential candidates squaring off to discuss a variety of issues, including housing, we here at Estately thought we'd compare the housing of the two men who long to make the White House home for the next four years. Comparing President Obama's Chicago home with the five homes that Gov.... Continue Reading »

The Loser of the Presidential Election Can Still Have a White House

Sure, the fate of the entire country is up for grabs in this November's presidential election. But there's another battle between President Barack Obama and GOP candidate Mitt Romney that we here at AOL Real Estate are particularly interested in: the war for the keys to the White House. It's possible that the plush digs... Continue Reading »

Romney's and Obama's Housing Policies: Why the Candidates Seem Reluctant to Go There

It may seem hard to believe, but this year's presidential candidates have mostly avoided discussing an industry that's largely responsible for the last five years of economic pain. That may be because, for President Barack Obama and GOP White House hopeful Mitt Romney, the subject of housing remains an extremely... Continue Reading »

Barack Obama's and Mitt Romney's Homes

As the presidential race heats up, President Barack Obama and Republican challenger Mitt Romney are concentrating their focus on one certain house in Washington, D.C. But before they considered the White House as their possible residence, the two lived in a variety of places across the U.S. Here's a roundup of the homes... Continue Reading »

Inside President Barack Obama's Former NYC Apartment (VIDEO)

Long before President Barack Obama lived at 1600 Pennsylvania Ave, he lived in a beat-up two-bedroom apartment on the third floor of an Upper West Side walk-up. Like many struggling, cash-strapped college students (he was a junior at Columbia University in 1981), Obama grappled with scarce heat and hot water in the... Continue Reading »

Rent President Barack Obama's Former Apartment in New York City

Want to live like a president? No, we're not suggesting you move into one of the many White House replicas around the country (also see this White House Replica and this gallery of even more White House replicas). We mean that you could be living where a president used to live -- specifically, President Barack... Continue Reading »

How Obama's FHA Loan Plan Can Help You Refinance

WASHINGTON -- The Obama administration is offering some relief to homeowners who have government-backed mortgages. Under a program President Barack Obama unveiled Tuesday, the government would cut the fees it charges to insure those borrowers. The idea is that lower fees would persuade millions to refinance their loans... Continue Reading »

Obama's Re-Election Bid May Hinge on Housing Recovery

WASHINGTON -- Barack Obama's road to re-election is lined with lots of boarded-up homes. Though the high unemployment rate dominates talk in Washington, for many 2012 voters the housing crisis may well be a more powerful manifestation of a sick economy. And, in an unfortunate twist for Obama, the problem is at its worst... Continue Reading »

If Donald Trump Made the Big Move

If Donald Trump, who says he is considering a run for U.S. president and even produced a hospital document to prove he was born on American soil, was elected and had to reside at 1600 Pennsylvania Avenue, just how might he transform this world-famous dwelling? "I can't imagine how the White House would look once he got... Continue Reading »

Obama's Hawaii Retreat: Available for Rent

President Barack Obama, who will be on vacation on the Hawaii island of Oahu through Jan. 2, is staying with his family at the 5-bedroom, 5.5-bath rental home he has vacationed in for the past three Christmas holidays. If you can cough up $3,500 per night, you, too, can rent the private oceanside retreat. "The home is... Continue Reading »

Obama's Oval Office: Redecorating for World's Most Famous Tenant

What do you do when you move into a new rental? Redecorate, of course. The White House last week unveiled President Obama's redesigned Oval Office. The makeover, completed under the eye of California designer Michael Smith while the First Family was vacationing in Martha's Vineyard, showcases a sea of brown, camel, and... Continue Reading »

Obama Signs Homebuyer Tax Credit Extension, but Not for Everyone

Just a brief note of warning to folks who might be thinking about buying a home or a condo or whatever strikes your fancy. Sometimes headlines aren't just wrong, they're flat-out misleading. For example, we have this headline from HousingWire: "Obama Signs Homebuyer Tax Credit Extension." Based on that headline, you'd... Continue Reading »

Obama to Mortgage Biz and Banks: We're in This Together

It's becoming a standard play for President Obama. Just as he gave a high-profile speech to seal the deal on the health care overhaul earlier this year, he came to New York City on Thursday to set up the winning shot for financial reform. With Goldman Sachs' Lloyd Blankfein seated in the third row, President Obama could... Continue Reading »

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