Jul 09
The Washington Post reports the Obama administration scolded the heads of the country’s largest banks, telling them to help more distressed homeowners under the president’s foreclosure prevention plan. Here’s more: In a two-page letter, Treasury Secretary Timothy F. Geithner and Shaun Donovan, secretary of the Department of Housing and Urban Development, acknowledge that the government program, known as Making Home Affordable, has yet to gain traction since being launched in March. “We b
