"Right now, there are more than 10 million homeowners in this country who, because of a decline in home prices that is no fault of their own, owe more on their mortgages than their homes are worth. Now, it is wrong for anyone to suggest that the only option for struggling, responsible homeowners is to sit and wait for the housing market to hit bottom. I don't accept that. None of us should." -- President Barack Obama (February 4, 2011)
Weekly Address: It's Time for Congress to Act to Help Responsible Homeowners
(February 4, 2012)
This week, President Obama "continued his call for a return to American values, including fairness and equality, as part of his blueprint for an economy built to last. This is why the President is sending Congress his plan to give responsible homeowners the chance to save thousands of dollars on their mortgages by refinancing at historically low rates without adding a cent to the deficit. The housing crisis has been the single largest drag on the recovery, and although the Administration’s actions have helped responsible homeowners refinance their mortgages and stay in their homes, Congress must act now to do more to continue assisting homeowners and the economy. President Obama asks all Americans to tell their elected officials to pass this plan to keep more families in their homes and more neighborhoods thriving and whole. " (The White House Press Office)
If you would like to read the complete transcript of Mr. Obama’s address, please click here.
In its attempt to be transparent, President Obama's White House has provided us with different ways to keep abreast of what is going on, take action in support of various policies, and voice our opinions:
White House Home Page
Manage Property Effectively
Health Care Info. Page
The Service Page
Consumer Financial Protection Bureau
We the People, where
our voices are heard
Recovery Programs
U.S. Government Made Easy
Office of Public Liaison
Middle Class Task Force
YouTube - White House
Open Government Initiative
Taking Action to Help Military Families
Let's Move America!
Health Insurance Reform Reality Check
Ready, Prepared, & Informed
Making Homes Affordable
FEMA's Home Page
Fatherhood Home Page
Obama for America
"MAKE NO SMALL PLANS. THEY HAVE NO MAGIC TO STIR MEN'S BLOOD." -- Daniel Burnham