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The Obama admin wants you to know theyre here to help with mortgage payments
December 12, 2012
by Erika Johnsen
The Obama administration is launching a brand-new public service announcement to tout Treasury and Housing & Urban Developments joint initiative to help progress the Obama Administrations broad strategy to help homeowners avoid foreclosure, stabilize the countrys housing market, and improve the nations economy. Via Politico:
[ame=http://www.youtube.com/watch?v=DAJr2r-m2kE]Frozen - YouTube[/ame]
While communities across the country are beginning to recover from an unprecedented housing crisis, too many families are still struggling with their mortgage payments and are unsure of where to turn for help, said Treasury undersecretary for domestic finance Mary Miller in a statement. Millions of homeowners have gotten help to avoid foreclosure since 2009. We want to make sure struggling homeowners know today that there are free government resources available to help homeowners avoid foreclosure.
The ad emphasizes an Obama administration housing initiative called the Making Home Affordable Program that allows homeowners a way to lower their monthly payments, avoid foreclosure or temporarily suspend their mortgage payments.
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The ad emphasizes an Obama administration housing initiative called the Making Home Affordable Program that allows homeowners a way to lower their monthly payments, avoid foreclosure or temporarily suspend their mortgage payments.
Making home affordable is a free government program. Is that a huge, glaring red flag for anybody else? I realize that these are tough times and there are many people undergoing real material hardship, but remember what happened when decades of the federal governments meddling in the housing market came to a head, just a few years ago? I believe we call that little ol occurrence, the financial meltdown. The feds housing-policy apparatuses are already in dire straits, and as much as Obama just loves to talk about not going back to the same policies that got us here in the first place, he is remarkably committed to furthering the governments self-imposed role in providing politically-edged financial services that the private sector is much better at administering.
But that is not the whole story. Chapter 2 of the story is the affordable housing policies going back many years, spawned by liberals and progressives.
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The Obama admin wants you to know theyre here to help with mortgage payments « Hot Air