Monday, October 24, 2011

Obama administration ramps up mortgage refinancing effort: LA Times article

Obama administration ramps up mortgage refinancing effort
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The White House hopes by the end of the month to announce changes that will make it easier for more homeowners and perhaps millions more and to participate.


By Don Lee, Los Angeles Times

October 24 2011, 12:54 AM PDT

Reporting from Washington -- The Obama administration, worried that the housing crisis is strangling the economic recovery, is stepping up efforts to aid the battered market as another wave of home foreclosures threatens to drive values down further and rattle consumer confidence again.

The complete article can be viewed at:
http://www.latimes.com/business/la-fi-obama-housing-20111024,0,6824901.story