Obama’s Foreclosure Prevention Plan
Obama’s Foreclosure Prevention Plan
Is this the failure of Obama to another?
The Obama administration program $ 75,000,000,000 foreclosure prevention only has been able to help a small fraction of the problems homeowners. About 231,000 homeowners have completed loan modifications as part of the Obama administration's flagship program to prevent foreclosure through March. That's about 21 percent of the 1.2 million borrowers the program began last year. However, another 158,000 homeowners who enrolled have dropped out – either because they did not return the payment or documents necessary. That's up from about 90,000 just a month earlier. We lost $ 75 billion dollars in this program of foreclosure …. Our rates of increase, largest increase in five years … So http://news.yahoo.com/s/ap/20100415/ap_on_bi_ge/us_foreclosure_rates Democrats, do you think the Obama health plan will work? How to trust you? Trying to help people, by spending money … And the Republicans were smart … I told you so.
No. It's another example of Obama trying to help the U.S. after deregulation banks hurt Republican – and Republicans stopped. If you want to see Americans get help vote Democratic. # #
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