Obama Unveils Housing Foreclosure Plan (Part 1) – Bloomberg

Live! From Mesa, AZ: President Barack Obama Holds News Conference [FIRST PART - 11:12] (Bloomberg News)

Duration : 0:11:13


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18 Responses

  1. mysterlingcastle Says:

    The “Consolidation …
    The “Consolidation refinance plan” will circulate millions of dollars per month back into pockets, homes, jobs & businesses. Like the “Obama foreclosure prevention plan” it does not offer “cash-out”, but will qualify many more families and individuals buying a house. Help me share my plan & get the government to take action!

  2. pauljmoshanko Says:

    If OBAM has so many …
    If OBAM has so many followers why does
    the views not match any of his polling numbers

  3. GA7777777 Says:

    We need mortgage …
    We need mortgage rates to be 2.5 % or less. Fix Housing First. We must take action now…

  4. jabberwolf Says:

    And Obama doesnt …
    And Obama doesnt talk about the responsible people that lost their job but have resources to pay their mortgages for 3 to six months which gives them time to find another job or sell things to continue in life.

    Those that were not responsible are the ones who bought something living month to month.. hopeing to sell short term.

    They should have rented instead if they were not resonsible to take precautions!

  5. jabberwolf Says:

    He seems to be …
    He seems to be giving his worst.
    There are some things I like, like the stem cell research but he is lacking basic economic know how.

    You dont raise taxes and try to redistribute wealthe. Jobs will be lost by doing so, and temporary tax break will mean nothing when jobs are lost in exchange.

    He also rewards gamblers that bet on 5 year arns (loans) that they could not afford if things went wrong. Renegotiating rates raises rates on everyone and socilizes losses with those that were responbile.

  6. abredell Says:

    disaster it seems …
    disaster it seems to me he’s giving it his best and it hasn’t been 50 days yet.

  7. miramiros Says:

    I don’t understand …
    I don’t understand your curt position. How so?

  8. miramiros Says:

    The fact that he’s …
    The fact that he’s popular says a lot about the growth of Americans’ intelligence. Just 8 yrs ago more than half of America was blindly rooting for George W. Bush and doing everything HE said. I’m glad those days are over and I’m even more happy that our President can SPEAK English. It’s pathetic that I can’t say the same for our last one!

  9. TwinsnMountainMovers Says:

    Wow…people are so …
    Wow…people are so crazy about Obama that they would probably do anything he says… That kind of blind popularity is incredibly dangerous…

  10. thekidd9245 Says:

    No your the disaster
    No your the disaster

  11. seze70 Says:

    and you base this …
    and you base this opinion on what??

  12. chernmax Says:

    He sucks
    He sucks

  13. narenaj Says:

    obama is a disaster
    obama is a disaster

  14. narenaj Says:

    Obama is a disaster …
    Obama is a disaster !

  15. JEFFBOCK Says:

    Problem is that …
    Problem is that families are being gobbled up by the banks every day. Folks hanging in there with good credit till last month are ineligible for the president’s plan because it only modifies loans for those with “good” credit. There has been a government compromise with the “banks” because the banks don’t want to modify loans. They just don’t care about selling foreclosed homes at a loss because the FEd is bailing them out!

  16. JEFFBOCK Says:

    Problem is that …
    Problem is that everyday families are being gobbled up by the banks. Folks hanging in there with good credit till last month are inelligible for the president’s plan because it only modifies loan for those with “good” credit. There has been a comprimise with the “banks” because they don’t want to modify loans. The banks don’t care about selling foreclosed homes at a loss because the FEd is bailing them out.

  17. sandmanhopes Says:

    im dem 1 thing I …
    im dem 1 thing I didnt agree with i think could help MORE PEOPLE if would had got bad loan under fan fred & got them down to only paying 31% but ad amount would had to had paid on end of loan as well if sold for more than what paid for home in future split extra with gov a tax that way no extra taxes on those paying there loans & repubs would have no gripes.i know a lot of folks willing to do this & it teaches to think before buying & means MORE CAN BE HELPED its not enough funds to help all.

  18. lovejangie1 Says:

    The plan is a good …
    The plan is a good start.

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