Obama will not sign foreclosure bill: White House - Yahoo! News: "White House communications director Dan Pfeiffer said Obama was sending the bill back to the House of Representatives for further discussion of how it would affect the foreclosure crisis, which has become a political lightning rod amid media reports that banks acted improperly to evict struggling borrowers.
'We believe it is necessary to have further deliberations about the intended and unintended impact of this bill on consumer protections, including those for mortgages, before this bill can be finalized,' Pfeiffer said in a blog posting."
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Thursday, October 7, 2010
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