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
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Indiana senator explains his inquiries into reverse mortgages
Sen. Mike Braun offered insights into his recent letter to Ginnie Mae and the potential need for more scrutiny of the HECM and HMBS programs.