Archive of posts tagged White House

More mortgage relief from the White House – but congressional ‘ok’ doubtful

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An summary update (by CAR.org) on the mortgage relief plan by the federal government, covering an article by The Mercury News: In his State of the Union Address, President Obama laid out a plan to help responsible borrowers and support a housing market recovery. Details of that plan were released yesterday. However, funding for the …

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What If You Could Rent the White House?

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I saw this fun factoid on realestate.AOL.com: if the White House were rented out for seven weeks out of every year, the rental income it would rake in would be close to $4 million! American families have gotten pretty creative in coming up with ways to trim the budget on vacations. So here’s a vacation …

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Distressed Real Estate Makes Its Way Into Obama’s Jobs Plan

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In addition to refinancing assistance for mortgage holders, President Barack Obama’s proposed American Jobs Act includes a handful of elements that relate to the distressed real estate market, all part of what the administration has labeled Project Rebuild. The new $15 billion program is based on the Neighborhood Stabilization Program (NSP)… Read more about this …

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Deficit plan wins backers

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In February, the White House created the National Commission on Fiscal Responsibility and Reform to examine how the country spends money and collects taxes.  The commission also was tasked with creating a proposal that would cut the federal budget deficit. MAKING SENSE OF THE STORY The deficit commission’s proposal was released to the public this …

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