On Monday, Obama did not make so much as a passing reference to housing or lost homes in his second inaugural, signaling that the worst of the crisis is behind us.
But few consumer advocates give the president high marks for devising effective solutions, nor should they. To the extent that the market is recovering, it is due largely to the broader improvement in the economy rather than specific programs put forth by Obama and his appointees.
Questions linger about government’s effectiveness during foreclosure crisis
Most Popular Articles
Latest Articles
Redfin’s losses grow amid difficult market conditions
Redfin showcased pockets of growth in Q1 2024 despite challenging market conditions, but its overall losses grew to $66.8 million.