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Administration Struggling to Fight Foreclosures Business Articles | February 2, 2011 The housing crisis continues to sap the economic recovery, robbing the economy of wealth and jobs. This is a major cause of worry for the Obama administration. By MostlyForeclosures
The housing crisis continues to slow down the recovery of the economy Air Max Zero Goedkoop , sapping it of jobs and wealth. This also has become the number one issue vexing the Obama administration.
The administration is faced with the problems of plunging housing prices, the nose diving construction industry and helping homeowners avoid foreclosures and eviction. Meanwhile, the existing programs of the administration has invited criticism from advocates of consumers and an oversight panel of the Congress regarding a foreclosure prevention scheme that has not achieved its objectives.