President Obama has been encouraging Americans to take advantage of falling mortgage rates and the government foreclosures program which include loan modification and refinancing initiatives.
Billionaire Buffet said that he has observed no concrete sign of economic recovery despite federal initiatives including the government foreclosures program.
Thousands more of South Carolina's distressed homeowners will be helped by President Obama’s government foreclosures program after the state Supreme Court ordered judges across the state to suspend foreclosure sales.
Secretary Geithner presented updates on TARP, the banking sector and the government foreclosures program before members of the Congressional Oversight Panel on Tuesday.
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