Obama speech spawns housing arguments

Obama speech spawns housing arguments

Numbered consultation booths are shown at a home-preservation workshop in Seattle. Wells Fargo held the day-long event for their customers who were seeking loan modifications, refinancing, or other help because of financial or employment difficulties. Celia Chen, senior director at Moody’s Analytics, an economic forecasting firm, says most housing analysts are starting to agree the market won’t recover without large reductions in the principal owed by homeowners who are underwater.

Obama speech spawns housing arguments

Numbered consultation booths are shown at a home-preservation workshop in Seattle. Wells Fargo held the day-long event for their customers who were seeking loan modifications, refinancing, or other help because of financial or employment difficulties. Celia Chen, senior director at Moody’s Analytics, an economic forecasting firm, says most housing analysts are starting to agree the market won’t recover without large reductions in the principal owed by homeowners who are underwater.
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