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Warren Buffett: Housing Market “Remains In A Depression”

- May 7, 2012

CNN’s Poppy Harlow: “It's always interesting to hear his take on the economy because he's a man who invests with very simple, straightforward rules but I was a little surprised to hear how sorta — how he just doesn't think that the housing recovery is here really in any way, shape, or form. The word he used for housing, still, today is a ‘depression.’ That's how we started out our interview. Take a listen to his words.”... Continue Reading »

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“Something Of A Failure?”

- March 6, 2012

CNN’s Jessica Yellin Identifies Obama’s Housing Policies As “Something Of A Failure.” CNN’S Jessica Yellin: “If I had a chance to ask him a second question, I really would have asked him why is it that if this is so important, it took you three years to roll out this plan? Brooke, I’d point out that three years into his administration there are almost as many houses underwater as there were at the beginning of the administration, and he has rolled out more than 10 housing refinance plans in that time, so what's taken -- isn't this something of a failure to date?”... Continue Reading »

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Obama To Announce Housing Program After Three Years In Office And Past Failed Housing Announcements

- March 6, 2012

“President Barack Obama is aiming mortgage relief at members of the military as well as homeowners with government-insured loans, the administration's latest efforts to address a persistent housing crisis. In his first full news conference of the year Tuesday, Obama was to announce plans to let borrowers with mortgages insured by the Federal Housing Administration refinance at lower rates, saving the average homeowner more than $1,000 a year.” (Jim Kuhnhenn, “Obama Holds News Conference, Unveils Housing Plan,” The Associated Press, 3/6/12)... Continue Reading »

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Obama’s Florida Foreclosure Problem

- February 16, 2012

Good Morning – Newspapers from around the state today are reporting on rising foreclosures in Florida. It’s clear that President Obama has failed to fix the housing market in Florida and even his latest plan still falls short. Please see below for a roundup of today’s most recent numbers:... Continue Reading »

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With 3 Years Of Failure, White House Pressed On “New” Housing Program

- February 1, 2012

At today’s press briefing, the White House was repeatedly asked about Obama’s three-year record of failure to address the housing crisis. Check out the questions below:... Continue Reading »

Blog

Talking In Circles On Housing

- February 1, 2012

Today in Falls Church, VA, Obama will announce another housing program which he already unveiled at the State of the Union. The program joins the “alphabet soup” of housing proposals enacted by Obama, which have failed to keep millions of Americans in their homes.... Continue Reading »

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