Obama's Mortgage Modification program is working

[scheming daemons]

Both government and industry have experienced a steep learning curve in battling foreclosures, but two years into the crisis, greater flexibility and more effective measures are combining to produce early signs of improved results.

The Obama administration’s massive $75 billion mortgage modification program launched in the spring is off to what even supporters consider something of a slow start, but it has already proven more effective than any other recent federal effort.

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More at the link:
http://www.cnbc.com/id/31967124


Yes.. only 325,000 helped so far... but it is showing lots of progress.


(This OP is for the "Obama hasn't done anything yet!" crowd.)

[dixiegrrrrl]

1. ahem....didja notice the source of the "news"???

[scheming daemons]

3. Yes.... the typically Obama-hating CNBC

[dixiegrrrrl]

2. DUPE--DU glitch.