Diane Aronovic's (darono) Blog

The Obama administration has put $75 billion towards helping homeowners avoid foreclosures through its loan modification program. Unfortunately, it doesn't seem to be working as well as it may have sounded on paper. The program tries to encourage lenders to modify existing mortgages by paying the...

Friday, 04 December 2009 07:37 December 4, 2009 - Economic Blog Today we have some surprisingly good numbers on the economy. The unemployment rate fell from 10.2% to 10%. Most economists were looking for it to stay at 10.2%, and even the White House came out with an uncharacteristic comment yest...