President Announces New Housing Initiatives
Washington, DC
Wednesday, February 1, 2012
President Obama traveled to Falls Church, Virginia where he addressed new initiatives in mortgage refinancing, some of which he announced during last weeks State of the Union speech. He discussed mortgage refinancing and a new homeowners "bill of rights."Wednesday, February 1, 2012
The President spent last week traveling to five states to talk about the economy and jobs.
Feb 1, 2012
President Obama spoke about mortgage assistance at the James Lee Community Center in Falls Church, Virginia. He outlined a low-interest rate plan to help homeowners who owe more on their mortgages than their property is worth refinance their loans. He called on Congress to take up the plan, which would be funded by a fee on large banks.
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