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Emeritus News Obama Foreclosure

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Uploaded by on Feb 18, 2009

President Obama details homeowner foreclosure prevention program. From speech at Mesa, Arizona 2/18/2009.

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News & Politics

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  • Aftrer 3 years of underemployment I do need help. My X wife took my 401K and left me with the consiquenses, Now I have a lean on my house and mortgages are months behind. Thanks to PRESIDENT OBAMA for remembering us.

  • He's as full of shit as a Christmas turkey!

  • His plan failed!!! He sucks!

  • yeah exactly! Lets make more bad loans!

  • I am 29 and the only way my generation can afford to buy a house within our lifetime is if foreclosures force the prices of homes down to a reasonable level. Obama wants to keep these artificially high prices elevated and in doing so dooming my generation to a lifetime of renting slavery.

  • i am 29 and didn't buy a house because I knew I couldn't afford 20% down and a 30 year mortgage.  Now Obama wants to punish my responsible judgement by rewarding those living beyond their means.

    I voted for obama but I won't next time!

  • This will only encourage americans to be less accountable with thier mortgages be more inclined to foreclose, resulting in more foreclosures nationally, because the government is going to bail them out.

    Thus being more reliant and easire to control by obama's bigger government...

  • This Plan will not save every home and not bail out those who borrowed beyond there means? He is going to remove restrictions on Fanny Mae and Freddy to again create loans to those who couldn't afford there first loans?? He contradicts himself

    Property values have grown 10 to 20% annually before we all lerarned about the democrats dregulating Fanny and Freddy causing this mess. Making the same mistake twice! STUPID

    Property values have increased 10 to 20% anually over the past many years.

  • As an Account Manager that assists homeowners to keeping their homes, I am truely shocked an honored that this has happened! At my job I can already see the turn around!

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