Obama unveils mortgage plan to help up to nine million (AFP)

Posted by admin in Wednesday, February 18th 2009   under: Uncategorized    Tags: , , , , , , , , , ,    

Members of the Association of Community Organizations for Reform Now (ACORN) hold banners before disrupting a public auction of a foreclosed home in Washington,DC on February 10. President Barack Obama revealed a mortgage foreclosure plan targeting up to nine million people, including a 75 billion dollar bid to help at-risk homeowners stuck in a negative equity trap.(AFP/File/Nicholas Kamm)AFP - President Barack Obama Wednesday unveiled a strategy to help millions of people avoid housing foreclosure, including 75 billion dollars for homeowners stuck in a negative equity trap.

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