Obama housing policy - Articles

Housing Industry Wonders: What Does Mel Watt Want?

APMel Watt: "meeting all day and reading all night." By Margaret Chadbourn The U.S. housing industry has waited three months to find out how Mel Watt will govern taxpayer-owned mortgage companies Fannie Mae and Freddie Mac, and has been frustrated by his silence. The former 11-term congressman from North Carolina, who... Continue Reading »

About Half of HAMP Mortgages Are Back in Default, Report Says

By Margaret Chadbourn Nearly half of the mortgages modified in 2009 under the Obama administration's signature homeowner rescue effort are in default again, according to a report on Wednesday that raised concerns about the program's effectiveness. The report from the Special Inspector General for the Troubled Asset... 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 »

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 »

Mortgage Lenders Get Boost From Obama's Housing Efforts

In the past few years, the federal government, and specifically the Obama administration, has made a number of efforts to improve the housing market through regulatory controls, and new data shows these have really paid off for lenders. The housing market has been improving considerably for the last several months.... 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 »

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