Obama’s mortgage program wastes money–Stephen Meister – NYPOST.com

Posted on August 16, 2010

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President Obama’s flagship mortgage-modification program is a colossal failure — it’s a boondoggle that’s wasting billions of taxpayer dollars. The program’s supposed to help Americans in danger of losing their homes — but the big winners are richly paid executives at Fannie Mae, the now-government-run mortgage giant.

via Obama’s mortgage program wastes money–Stephen Meister – NYPOST.com.

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Posted in: Obama