Obama administration to detail housing plan today

Printer-friendly versionSend by email

HUD Secretary Shaun Donovan will conduct a briefing today on plan to help homeowners

February 01, 2012

The White House has announced that both President Obama and Housing and Urban Development Secretary Shaun Donovan will be speaking this afternoon on "President Obama's plan to help responsible homeowners."

(CLICK HERE FOR MORE ON TODAY'S ANNOUNCEMENT.)

They're expected to flesh out some of the ideas presented by President Obama in last week's State of the Union.

Among the expected parts of the plan:

  • Expansion of HARP to allow more underwater homeowners to refinance
  • Refi plans for FHA borrowers
  • Funding for an expanded REO-to-rental programs
  • A "code of conduct" for mortgage servicers

Read more

Comments on: "Obama administration to detail housing plan today"

July 2014

This Month in Professional Builder

Products

The Foundry Specialty Siding Shapes Collection from the Tapco Group adds dimension to a home’s exterior and draws attention with its finely crafted details.

Features

The House Review design team offers five plans to accommodate parents, children, and grandparents under one roof.