Arab Today, arab today obama gop stops mortgage relief plan
Last Updated : GMT 08:52:09
Arab Today, arab today
Arab Today, arab today

Obama: GOP stops mortgage relief plan

Arab Today, arab today

Arab Today, arab today Obama: GOP stops mortgage relief plan

Washington - UPI

U.S. President Barack Obama Saturday said congressional Republicans are keeping a proposal to help homeowners refinance mortgages from \"even coming to a vote.\" In his weekly radio and Internet address, the president said the housing market is recovering -- with construction starts on new homes at a four-year high, home sales increasing, property values rising and foreclosure rates \"at their lowest point in the five years since the housing bubble burst and left millions of responsible families holding the bag.\" Obama acknowledged \"too many homes are still underwater,\" but he said \"one of the heaviest drags on our recovery is getting lighter. Now we have to build on the progress we\'ve made, and keep moving forward.\" The president said his policies have helped millions of families keep their homes and his administration has worked with state attorneys general to \"crack down\" on banking practices that contributed to the housing meltdown, resulting in a $25 billion settlement that is being used to help homeowners take advantage of low interest rates and get out from under high-interest loans. \"And now I want every homeowner in America to have that chance,\" he said. \"I just wish it didn\'t require an act of Congress.\" Obama said he sent Congress a plan in February intended to \"give every responsible homeowner the chance to save about $3,000 a year on their mortgage by refinancing at historically low rates.\" \"It has the support of independent, non-partisan economists and leaders across the housing industry,\" the president said. \"It\'s a no-brainer that should have passed easily. \"But Republicans in Congress banded together and kept this plan from even coming to a vote.\" The president urged listeners to contact their congressional representatives and \"tell them that it\'s time for Congress to stop standing in the way of our recovery and to start standing up for you.\"

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today obama gop stops mortgage relief plan Arab Today, arab today obama gop stops mortgage relief plan

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today obama gop stops mortgage relief plan Arab Today, arab today obama gop stops mortgage relief plan

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: عقارات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday