Obama has warned the opposition he is going to fight for his $3.6 trillion spending budget because he needs it to achieve changes the Americans have voted for in 2008, including stopping foreclosures.
Homeowner advocates are calling on critics of President Obama’s foreclosure program to support the plan if they have no better alternatives. Indirectly, former owners of tax foreclosures would be helped when the economy gets better as Obama implement his programs.
California Assemblyman Ted Lieu and Columbia professor Christopher Mayer have called for an expansion of the foreclosure program to include underwater borrowers. Homeowners facing tax foreclosures are not included.
Print This Article
Add To Favorites