by Moe Bedard
Obama wants the government to step in to help homeowners facing foreclosure. McCain has gradually broadened his position to support government intervention, but wants stricter requirements for borrowers seeking aid.
Obama’s plan to fight foreclosures:
Give homeowners the chance to have their loan modified, provided they meet certain criteria.
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by Moe Bedard
Sen. John McCain addressed small business owners in Brooklyn, N.Y. this Thursday that the government should play a bigger role in easing the mortgage crisis. McCain has called for federal aid to distressed homeowners Thursday, saying, “There is nothing more important than keeping alive the American dream to own your own home.”
Under McCain’s “HOME Plan,” homeowners [...]
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