US real Estate Market

President Obama Pitches Plans to Support US Housing Recovery; Overhaul Mortgage and Lending Market (VIDEO)

U.S. President Barack Obama pitched some new mortgage and lending plans to the public in his economic speech Tuesday at Dobson High School in Mesa, Arizona. In his speech he sketched out various plans to overhaul the lending market and asserted on the importance of private lending without ruling out the government involvement in the sector.