housing trouble: GOP-led House bill to end troubled mortgage program passes
- 04/01/11 11:03 AM
This was posted in the Boston Globe today by Globe staff... interesting stuff. WASHINGTON — House Republicans pushed through legislation yesterday to terminate an underachieving Obama administration program designed to reduce mortgage payments for homeowners in danger of losing their homes to foreclosure. Tweet 1 person Tweeted this Yahoo! BuzzShareThis Most Democrats, while acknowledging that the Home Affordable Modification Program has fallen short of original goals, protested the vote to kill it. The White House, in a statement, said that if the bill ever reaches President Obama’s desk, his senior advisers would recommend he veto it. The vote was 252 to 170. … (1 comments)
This was posted in the Boston Globe today by Globe staff... interesting stuff.
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