economy: State of Union ~ Stabilizing the Housing Market - 08/30/10 05:48 PM
I just read the Housing and Urban Development Secretary Shaun Donovan said Sunday on CNN's "State of the Union" that the administration would "do everything we can" to stabilize the U.S. housing market.
So what does "everything we can" look like?  Donovan said that the Federal Housing Administration will launch an emergency loan program to help unemployed borrowers stay in their homes and a program to help underwater borrowers refinance. This is great news and I'll be interested to see these "new" programs unfold.
However, it's my belief that the administration must do a better job of addressing the un/under-employment situation. As long as people are worried … (1 comments)

 
Lonni McDonough, Realtor - Eagle, ID Real Estate; 208-949-3845 (Coldwell Banker Tomlinson Group ) Rainmaker large

Lonni McDonough

Realtor - Eagle, ID Real Estate; 208-949-3845

Boise, ID

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Coldwell Banker Tomlinson Group

Address: 516 S. Capitol Blvd, Boise, ID, 83702

Fax: 208-331-6493

Mobile: 208-949-3845

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Real estate, community and neighborhood information about Boise, Eagle and Meridian. Regular postings of market data, listings and research keeps my neighbors, home buyers and sellers informed and up-to-date.


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