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The large failure of a program launched by the Obama administration to reduce home foreclosures in the U.S. Only $1 billion of the $75 billion estimated for the program when it was launched in 2009 has been spent. Only 680,000 of the 2.7 million homeowners seeking to participate received loan modifications with lower monthly payments.
Grouped Articles
New York Times 07.17.2011
A Toxic Subprime Mortgage Bond's Legacy Lives On
Wall Street Journal 09.13.2013
High Default Rate Seen for Modified Mortgages
Wall Street Journal 06.16.2010
Plunge in Home Sales Stokes Economy Fears
Wall Street Journal 08.25.2010
Wall Street Journal 12.31.2013
Fannieâs and Freddieâs Foreclosure Oversight Questioned
New York Times 10.19.2010
The Case Against the Bernanke-Obama Financial Rescue
New York Times 05.16.2014
New York Times 05.19.2014
Only 1 in 4 Got Mortgage Relief
Wall Street Journal 02.28.2011
Wealth gap widens between whites, minorities, report says - The Washington Post
Washington Post 07.26.2011
Why the center-left is fed up with Obama - The Washington Post
Washington Post 08.11.2011
Obama as a Hope, and as a President
New York Times 08.10.2011
New York Times 08.22.2011
What would MLK say to President Obama? - The Washington Post
Washington Post 08.28.2011
An Accidental Housing Chief Embraces the Power of 'No'
Wall Street Journal 08.31.2011
Foreclosure Relief? Donât Hold Your Breath â Fair Game
New York Times 12.24.2011
Homeownership Rate Declines to 15-Year Low
Wall Street Journal 05.01.2012
Texas Lending Law Shielded Many Homeowners From Housing Bust
New York Times 05.25.2012
Washington Post 07.09.2012
Forgiveness of Debt Could Yield Savings
Wall Street Journal 07.30.2012
Regulator Resists Mortgage Reductions
Wall Street Journal 08.01.2012
The One Housing Solution Left: Mass Mortgage Refinancing
New York Times 08.12.2012
Roseland, Where Obama the Politician Was Born
New York Times 08.15.2012
Slow Response to Housing Crisis Now Weighs on Obama
New York Times 08.19.2012
New York Times 09.29.2012
Wall Street Journal 06.12.2009
Inside Trump Treasury nominee's past life as 'foreclosure king' of California
The Guardian 12.02.2016
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