Tag Archives: President Barack Obama

Is your default servicing operation ready for the looming storm? Dru Jacobs of ADFITECH details how to prepare to deal with the impact of an impending crisis.

President Barack Obama and Federal Reserve Chair Yellen met in the Oval Office to discuss the state of the U.S. economy in the midst of slowed growth due to lower consumer spending.

As President Obama unveiled his FY 2017 Budget, one theme remained consistent in every part of his speech to Congress and to the American people on Tuesday.

Last month in his final State of the Union address, President Barack Obama failed to mention housing policy at all. His proposed FY17 budget to be unveiled Tuesday calls for a substantial investment in housing, however.

On Tuesday night, President Barack Obama stood before the nation and delivered his final State of the Union Address. The president touched on a number of topics including budgets, insurance coverage, gun violence, and minimum wage, among others. Five Star Institute ...

In his final State of the Union Address, President Obama spoke of the hope for America that has permeated his speeches during his seven years in office. Much like last year, however, housing policy was noticeably absent from his remarks.

Last year, the President barely mentioned housing policy in the State of the Union address. Those in the mortgage industry are eager to find out if Obama will even broach the subject Tuesday in what will be his final State of the Union address.

As analysts and critics pore over the details of the White House's proposed budget for fiscal year 2016, the executive department in charge of housing says it hopes to use its share to restore cuts made after 2013's budget sequester.

Aside from a brief reference to his announcement two weeks ago that the Federal Housing Agency (FHA) would be lowering its mortgage insurance premiums, President Barack Obama did not mention housing policy Tuesday night during his hour-long State of the Union Address.

"The shadow of crisis has passed, and the state of the union is strong," the president said early in his speech. The nation has experienced "the fastest economic growth in over a decade, our deficits cut by two-thirds, a stock market that has doubled, and health care inflation at its lowest rate in fifty years," Obama said. Obama touted the past year as "a breakthrough year for America" as job growth outpaced any year since 1999 and unemployment fell below pre-crisis levels.