Obama to announce new housing initiatives Obama to announce new housing initiatives during first news conference of the year
WASHINGTON (AP) -- A senior administration official says President Barack Obama will announce housing initiatives to help members of the military as well as homeowners with mortgages insured by the Federal Housing Administration. Obama will spell out the housing efforts during a news conference Tuesday. The official spoke on condition of anonymity to describe the programs before the president unveiled them. FHA-insured borrowers would be able to refinance their loans at half the fee that the FHA currently charges. That could save a typical FHA borrower more than $1,000 annually. Two million to 3 million borrowers would be eligible, the administration says. For service members, Obama will announce that major lenders will review foreclosures on members of the military. If wrongly foreclosed upon, service members will be paid their lost equity and receive additional compensation.
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Keith • 2 hours 10 minutes ago Report Abuse President Obama will go on to say that those of us who bought within our means and paid what we owed on time are pretty much suckers because the way to get ahead in the new America is to lie, cheat and steal. 5 Replies
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Jimmie • 2 hours 16 minutes ago Report Abuse I am tired of Obama buying votes in mortgage payments where I get the socialist's bill. 3 Replies
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Ocean12 • 2 hours 2 minutes ago Report Abuse I want someone to tell Mr. Obama that there is no money in the budget for even congressional coffee breaks. No Obama 2012! Reply
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Disident • London, Canada • 1 hour 0 minutes ago Report Abuse Here we go again, free for his supporters, the rich will pay for it…... 2 Replies
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BirdWatcher • 1 hour 7 minutes ago Report Abuse I am sick and tired of hearing all the bail-out talks. This is not what capitalism is all about. Reply
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snafu • Charleston, South Carolina • 1 hour 17 minutes ago Report Abuse obama to announce latest taxpayer funded vote buying initiatives. Reply
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Aleksandr • 1 hour 2 minutes ago Report Abuse Another fraud? Nothing new Reply
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Sarah B • Fairport, New York • 1 hour 16 minutes ago Report Abuse Oh, goodie, another Obama housing fix. Problem is, none have worked. 1 Reply
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John • Tampa, Florida • 1 hour 58 minutes ago Report Abuse The article fails to mention that Obama Care just doubled the cost of Healthcare for military families while maintaining the cost structure for represented public employees. Yahoo you suck just like all other liberal media rags! 3 Replies
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BirdWatcher • 1 hour 5 minutes ago Report Abuse It is official. USA stands for Welfare states and Free bail-outs. Reply
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det198sw • Pittsburgh, Pennsylvania • 1 hour 14 minutes ago Report Abuse I'm sure this will really work, considering how successful his other initiatives have been. Reply
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Richard • 1 hour 41 minutes ago Report Abuse Barack (Walking Eagle) Obama continues to buy votes with my Tax Dollars.
Is this why we lost so many brave lives in the past protecting our Freedom !!!
... More Reply
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A Justday • East Amherst, New York • 1 hour 39 minutes ago Report Abuse That Welfare Obama is to Nickel and Dime America to death: He is using every opportunity to enhance his chance for election...A small man without wits!!! Reply
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GUEST • Sunnyvale, California • 1 hour 58 minutes ago Report Abuse Just keep buying votes and prostitution the US currency! We must end his rein of terror come November! 1 Reply
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Jesse • Columbia, South Carolina • 45 minutes ago Report Abuse who really gets wrongly foreclosed on??? you either payed on time or you didnt. Reply
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MichaelH • Lansing, Michigan • 1 hour 8 minutes ago Report Abuse obama's next housing initiative.......own a home or be fined. Reply
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me • 1 hour 11 minutes ago Report Abuse ..any way Oblamer can to buy votes...too little, too late. Reply
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the man • 52 minutes ago Report Abuse Ihave a new housing initiative for obama--move back to Chicago! 2 Replies
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None of ya Business • Phoenix, Arizona • 36 minutes ago Report Abuse So basically most Americans dont get any help.. Selective assistance at its finest. 1 Reply
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Mike • Phoenix, Arizona • 1 hour 14 minutes ago Report Abuse entitlement society, and Liberal Media Yahoo does suck,.. Reply
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