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Tuesday, February 24, 2009

Obama's Mortgage Plan vs. Predatory Lending

A Heritage Insider blog post asks what the difference is between the mortgage plan proposed by Obama and the predatory lending using "teaser rates" that contributed to the rise in foreclosures.

Their answer, "When the President Does It, That Means That It Is Not Villainous"

1 comment:

debt negotiation said...

Foreclosure is the major cause of our financial crisis. Government should really prioritize this issue. And i know Obama is trying to find solutions about this matter. Its not easy you know, because everything is critical. Lets just hope for good...