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'Obama nods to mortgage relief plans for homeowners'

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news Obama nods to mortgage relief plans for homeowners; Adjustable Rate Mortgage Blog
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Obama nods to mortgage relief plans for homeowners

02/07/09 14:52

Homeowners and taxpayers have been long criticized the American bailout plan to buy loans from troubled banks, primarily because there are hardly any plan to save the owners their homes.

Now, Obama has nodded to a mortgage relief plan that will primarily assist homeowners in fixing their loans. Part of this plan is to reduce the costs of mortgage.

Link: Obama nod to mortgage relief targets root of woes | Reuters

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