RE Related News & Links

Misc News & Links

SIGTARP Rips Into Treasury’s Foreclosure Prevention Effort

Neil Barofsky, Special Inspector General of the Troubled Asset Relief Program (SIGTARP) calls the Obama administration’s Homes Affordable Mortgage Program (HAMP), designed to curb foreclosures a failure.

Obama readies steps to fight foreclosures, particularly for unemployed

Do you remember TARP, HAMP, HAFA, Cash for Clunkers or Cash for Caulkers?

President Obama’s weatherizing program slow to start

After a year of crippling delays, President Barack Obama’s $5 billion program to install weather-tight windows and doors has retrofitted a fraction of homes and created far fewer construction jobs than expected.

In Indiana, state-trained workers flubbed insulation jobs. In Alaska, Wyoming and the District of Columbia, the program has yet to produce a single job or retrofit one home. And in California, a state with about 37 million residents, the program at last count had created 84 jobs.


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