It seems President Obama and Treasury have been making some strides in the home mortgage problem. As posted on
NYTimes.com, the treasury has reported that 40% of 1.2 million, or 500,000 homeowners, are finally receiving benefits from the Making Homes Affordable Program. I think this a great step forward, even if it is a small one. Its always nice to see a glimmer of hope in barrage of terrible economic news we continue to hear daily. If this can continue, more and more homeowners will have a larger amount of disposable income, which could stimulate the economy to an even larger degree.
No comments:
Post a Comment