You turn to us for voices you won't hear anywhere else.

Sign up for Democracy Now!'s Daily Digest to get our latest headlines and stories delivered to your inbox every day.

Obama Won’t Sign Foreclosure Bill

HeadlineOct 08, 2010

The White House has announced President Obama won’t sign a congressionally approved bill that could have made it easier for banks to foreclose on homeowners. Consumer advocates had criticized the measure over a provision that would have limited homeowners’ ability to challenge foreclosure documents prepared in other states. The White House move comes amidst growing calls for a nationwide moratorium on home foreclosures following revelations major lenders may have committed fraud while forcing thousands of people out of their homes.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top