Daily PUMA Column - Commentary by Alessandro Machi

Friday, February 23, 2024

Obama's Foreclosure Policy Failure Reviewed. Rather than offer Restitution to millions of foreclosure victims, Obamians go after Trump in Court.

Obama's failed foreclosure policies need to be re-exposed now that the decision has been made by Obamians to obfuscate Obama's failed foreclosure policy by suing Trump for over 400 million for the loans Trump navigated during Obama's failed foreclosure policies. Obama's first term in office feature 4  years of 5,000 foreclosures A DAY! Obama's foreclosure policies were so restrictive that either 5,000 consumers faced foreclosure everyday, or they tried to create favorable loan terms which apparently was against the law. So for many, it was either be foreclosed upon, or "break the law" trying to get a fair loan.  wow.

How Obama blew a chance to put Americans back in homes after crash
https://www.freep.com/story/opinion/contributors/2019/11/17/housing-market-crash-foreclosures-enriching-real-estate-speculators/4195373002/

America's Housing Foreclosure Crisis Worsened Under President Obama - The Atlantic
https://www.theatlantic.com/politics/archive/2016/12/obamas-failure-to-mitigate-americas-foreclosure-crisis/510485/

Slow Response to Housing Crisis Now Weighs on Obama - The New York Times
https://www.nytimes.com/2012/08/20/business/economy/slow-response-to-housing-crisis-now-weighs-on-obama.html

How Obama Destroyed Black Wealth
https://jacobin.com/2017/12/obama-foreclosure-crisis-wealth-inequality

Obama Program to Screw Homeowners & Help Banks Is Dead
https://theintercept.com/2015/12/28/obama-program-hurt-homeowners-and-helped-big-banks-now-its-dead/

Foreclosed pdf
https://www.peoplespolicyproject.org/wp-content/uploads/2017/12/Foreclosed.pdf


Our Guide to Obama’s Floundering Foreclosure Programs — ProPublica
https://www.propublica.org/article/our-guide-to-obamas-floundering-foreclosure-programs

The foreclosure crisis is over, for now; Obama's relief programs hurt more than they helped — bobsullivan.net
https://bobsullivan.net/redtapechronicles/the-foreclosure-crisis-is-over-for-now-obamas-relief-programs-hurt-more-than-they-helped/

Obama's foreclosure prevention program has helped far fewer homeowners than expected - Los Angeles Times

https://www.latimes.com/business/la-fi-obama-foreclosure-20161230-story.html

Michelle and Barack Obama's $11.7m Martha's Vineyard and $8.1m Washington homes are the American dream | HELLO!
https://www.hellomagazine.com/homes/500895/michelle-obama-barack-obama-property-portfolio-homes-photos/

PolitiFact | Did most Americans lose wealth, income under Barack Obama?
https://www.politifact.com/factchecks/2019/sep/10/stanley-greenberg/did-most-americans-lose-wealth-income-under-barack/

Obama's Final Numbers - FactCheck.org

https://www.factcheck.org/2017/09/obamas-final-numbers/

How Obama Destroyed Black Wealth — Bunk
https://www.bunkhistory.org/resources/how-obama-destroyed-black-wealth

Destruction Of Black Wealth During The Obama Presidency | Tipping Point North South
https://tippingpointnorthsouth.org/2017/12/13/destruction-of-black-wealth-during-the-obama-presidency/

Obama and the Beach House Loopholes — ProPublica
https://www.propublica.org/article/obama-and-the-beach-house-loopholes

Reflection: Obama accused of failing to mitigate the housing crash - The Real Daily
https://theamericangenius.com/housing/homeownership/obama-housing-crisis/

This is Obama’s biggest failure.
https://theweek.com/articles/624777/obamas-biggest-failure

President Barack Obama’s net worth as he leaves the White House | Life
https://www.reviewjournal.com/life/president-barack-obamas-net-worth-as-he-leaves-the-white-house/

 

 

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