Hope is quietly spreading across the lifeless Staten Island real estate market following the Obama victory that the new president will take immediate action to help homeowners.
Trudy Scafiddi, who is trying hard to save her Huguenot home, symbolizes the kind of troubled constituent President-elect Barack Obama will face when he takes office in January.
She and [...]

One in every 400 homes in Colorado is in foreclosure according to Team Cox Realtors.
It’s an issue every voter is looking into to see which presidential candidate is best for them.
A group of Republican Presidential Candidate John McCain supporters met in Colorado Springs on Sunday to discuss how McCain’s plan will help keep Americans in [...]

Democrat Barack Obama told a campaign audience Thursday that Republican John McCain’s mortgage buyout plan would cost taxpayers billions of dollars and reward bad behavior by lenders.
Speaking in Dayton as he started a two-day bus tour of hotly contested Ohio, Obama said McCain’s plan would force the government to absorb the full cost of renegotiating [...]

The US government would snap up 300 billion dollars of bad home loans, Republican John McCain vowed Tuesday unveiling a new plan to help struggling homeowners if he is elected president.
“People are no longer able to afford their mortgage payments,” said McCain as he laid out what he billed as an original proposal for addressing [...]

Republican presidential candidate John McCain is proposing a $300 billion program for the federal government to buy up bad home mortgages and allow homeowners to keep their houses.
McCain said: “Until we stabilize home values in America, we’re never going to start turning around and creating jobs and fixing our economy and we’ve got to get [...]

The economic crisis has spread into many areas of the U.S. economy–banks, investment firms, insurance companies, and even the oil markets. But experts seem to agree that the trouble started with bad loans in the housing industry, and grew into a widespread crisis of confidence.
Gus Faucher, the Director of Macroeconomics at the economic website [...]

As voters across the country prepare to head to the polls in November, questions about subprime lending and the solutions to our current housing troubles are coming to the top of the nation’s mind. Do these plans make sense? Are they feasible? Who will pay for them? What will be their long-term consequences?

Fighting Foreclosure
Obama wants [...]