http://archive2.mrc.org/taxonomy/term/15548/all en http://archive2.mrc.org/articles/media-backed-obama-mortgage-program-flops <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/julia-seymour">Julia A. Seymour</a> </div> </div> </div> <p>Obama’s home loan modification program was talked up by the bailout-friendly news media as a potential “ray of light” for struggling homeowners. </p> <p>But on June 21, Associated Press reported the mortgage assistance program is <a href="http://finance.yahoo.com/news/Borrowers-exit-troubled-Obama-apf-887634101.html?x=0&amp;sec=topStories&amp;pos=3&amp;asset=&amp;ccode="></a>“falling flat.”</p><p><a href="http://archive2.mrc.org/articles/media-backed-obama-mortgage-program-flops" target="_blank">read more</a></p> Articles MRC Business Government International abc AP Bailout cbs homeloan housing mortgage mortgageassistance NBC networks obama rayoflight rescue strugglinghomeowners Wed, 23 Jun 2010 20:10:06 +0000 admin 27217 at http://archive2.mrc.org