President Barack Obama’s commitment to provide $275 billion to help about 9 million distressed homeowners indicates his administration's aggressive stance towards stopping foreclosures.
Investors are anticipating President Barack Obama's announcement of the details of his $50 billion mortgage modification plan aimed at alleviating foreclosures.
President Barack Obama’s $75 billion foreclosure abatement plan has produced conflicting reactions due to its focus on helping only homeowners who are on the edge of losing their properties.