Obama's new plan for underwater mortgages may be too little too late

By Michael Hudson

Obama orders Fannie and Freddie to work with borrowers; earlier programs helped only a few

Excerpts from this story referencing "J.P. Morgan Chase":

"… st quarter 2011 assessment, Treasury determined that the servicing arms of J.P. Morgan Chase, Bank of America, and Wells Fargo Bank all required “substantial improve …"

FACT CHECK: An honest look at GPS's false claims on Obama's tax plans

By FactCheck.Org

A new Crossroads GPS ad makes completely unfounded claims on President Obama's tax plans.

Excerpts from this story referencing "CoreLogic":

"… statement; the most recent report from the real-estate data firm CoreLogic estimates that as of the end of last year, 22.8 percent of all residential …"

"… exceed the estimated value of the home by 25 percent or more, according to CoreLogic. That’s a troubling figure to be sure, but not as bad as the Crossroads …"

"… subject of Obama’s promise. The most recent foreclosure report from CoreLogic shows 3.4 percent — closer to 1 in 30 than 1 in 5 — were in forec …"

"… oreclosure proceedings in March.And the situation is slowly improving. The CoreLogic report shows that the number of actual foreclosures completed in the first …"