Program Evaluation - By Padmini Arhant
Making Home Affordable program targets the vulnerable homeowners on the verge of losing their homes.
Mortgagees who are unemployed, underwater and delinquent in their payments could seek assistance provided they meet the criteria.
Aligning mortgage debt with the asset value in order to help people retain ownership is a prudent measure to stabilize the struggling housing market.
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Padmini Arhant
By Padmini Arhant
In the current economy, two major issues deserve urgent attention.
They are – unemployment and home ownership.
This topic will focus on the homeowners and the federal program under consideration to address the foreclosures arising from high mortgages.
Meanwhile, the following news report and editorial from other news organizations are presented for reference.
According to the -
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Padmini Arhant
By Padmini Arhant
This week, President Barack Obama and the Democratic Congress secured three major achievements of national and international significance.
Beginning with the latest event:
The world’s prolific nuclear nations, U.S and Russia signed a long overdue nuclear weapons treaty reportedly to reduce the warhead arsenals by one-third with the hope to lead the international community towards a complete nuclear disarmament.
Housing market revival through programs targeting foreclosure for millions of homeowners.
And
National Health Care Legislation – is a historic victory for the democrats and the Obama Presidency.
A review and analysis on these topics is in progress.
Your patience is much appreciated.
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Padmini ArhantBy Padmini Arhant
As stated earlier, the key to the economic recovery is to revive the job market, the housing market and passing the health care legislation. Both job and housing market is entirely dependent upon the consolidated commitments from the public and the private sector.
The public sector represented by the government has the right agenda with the President’s proposal to levy tax on the financial institutions responsible for the financial crisis. However, the collected tax and fees from the finance industry is rumored to be accumulated in the stimulus pool against the Republican supporters’ demand that the proceeds be applied to the national deficit reduction.
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Padmini Arhant
