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Mtl JP  11:26:08 GMT - 06/26/2014  
in the interest of a more complete picture that HUD

is a continuation of of an announcement on April 2, 2013:
Obama administration pushes banks to make home loans to people with weaker credit in washingtonpost

"The Obama administration is engaged in a broad push to make more home loans available to people with weaker credit, an effort that officials say will help power the economic recovery".../..
--
Sounded then and sounds today like smart thing "to make more home loans available to people with weaker credit", does it not ?


Mtl JP  11:09:53 GMT - 06/26/2014  
for contrast:
HUD KICKS OFF NATIONAL HOMEOWNERSHIP MONTH
"Preserving the Dream" is theme for month-long recognition
- June 5, 2014

WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) this week kicked off National Homeownership Month by recognizing the critical role owning a home plays in communities across America. “Preserving the Dream” is the theme of this month-long recognition and it reinforces the Obama Administration’s work to build a more durable and fair housing finance system that promotes the American Dream of homeownership while preventing the unsustainable forms of home purchase that fueled the recent housing crisis.

When President Obama took office in 2009, the nation’s housing market was in free-fall, leaving many families trapped and anxious about their mortgages. Today, the housing market is in recovery .../..


GVI Forex 09:43:01 GMT - 06/26/2014  
First policy tightening step by Carney. GBP higher...


BOE: Lenders Should Have No More Than 15% Of Mortages At LTI Of 4.5 And Above
BOE Targets Mortgages Of 4.5 Times Borrower's Income And Higher
BOE Sets Limits On Size Of Mortage Loans Relative To Incomes


nw kw  09:11:25 GMT - 06/26/2014  
Carney as good of the fed now/must have a good broker to


GVI Forex john   09:03:10 GMT - 06/26/2014  
Gov Carney Speaks @ 09:30 GMT Financial Stability Conference

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