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White House Unveils Housing Plan

White House Unveils Housing Plan

The Obama administration announced new plans to make it easier for up to nine million people to rework or refinance their mortgages. Geithner said the Treasury is increasing its funding commitment to Fannie Mae and Freddie Mac.

 

Obama Considers Plan to Cut Home Payments

Obama Considers Plan to Cut Home Payments

President Obama's administration is considering spending taxpayer dollars to cut monthly payments for homeowners on the verge of foreclosure, according to two people briefed on the proposals.

 

A Better Bank Fix: Cut Every Mortgage's Principal

A Better Bank Fix: Cut Every Mortgage's Principal

Banks can't unload their toxic assets. But what if their assets weren't toxic?

 

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