Obama Unveils Program to Stem Foreclosures

Posted on July 2, 2009
Filed Under Foreclosed Homes |

President Barack Obama unveiled a 75 billion dollar program Wednesday (February 18th) to prevent up to nine million U.S. homeowners from losing their homes. The Homeowner Affordability and Stability Plan includes measures to allow struggling homeowners to refinance their loans so their monthly payments are affordable.

Duration : 0:1:55

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