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"

December 2014

This Month in Professional Builder

Products

Skyline Windows released an ADA-compliant crank operated tilt and turn window with incremental control. 

Features

Builders are more optimistic about the industry as the overall economy becomes less of a concern, even as the rising cost of materials and labor commands more attention.

Email Subscriptions