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Obama: We've Got to Stop Foreclosures

President-elect also backs aid for auto industry, but not a 'blank check'

By Mary Papenfuss, Newser Staff

Posted Nov 16, 2008 7:07 AM CST

(Newser) – Saving people's homes from bank foreclosures will be a priority of his economic crisis plan, President-elect Obama said in an interview airing tonight on 60 Minutes. "We've got to set up a negotiation between banks and borrowers so that people can stay in their... Read full story »

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Obama: We've Got to Stop Foreclosures

President-elect also backs aid for auto industry, but not a 'blank check'

Barack Obama • mortgage • housing • subprime crisis • financial crisis • President Obama • foreclosures

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Obama considering moratorium, gov't-sponsored refinancing

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