Not sure why he would do that, favor to President Obama maybe, but strange that he's saying all those things the same day they announce the first 2500 bulk sales program.

With the news that BoA is selling fewer mortgages to Fannie and Freddie, maybe Obama is trying to slowly get them out of the mortgage business to cater to the moderates.Also, wont' this hurt home values by adding rentals to neighborhoods that may otherwise be mostly owner-occupied.

President Obama is signing a Bill this morning to lift the restrictions of small businesses in raising capital.

Look at what happened when Obama gave all this money to the so called “Too Big To Fail” companies.

Regardless, if someone was trying to keep the foreclosure hidden from the tenant, it would be difficult because the bank periodically sends a property preservation agent to the property who will knock on the door and speak to the tenant.I worked for a property preservation/ asset manager a few years ago hoping to get leads and was encouraged to make contact with the occupants whenever possible.Although the practice of getting occupants out ASAP was the norm a few years back, the "Protecting Tenants at Foreclosure" legislation was passed during the Obama administration; here is a link to that which should give you info to realize that the quoted post is a bit out of date (for now):http://www.occ.gov/publications/publications-by-type/comptrollers-handbook/ptfa.pdf

To paraphrase Obama, I cling to guns or religion or antipathy toward people who aren't like me.  

I'm expecting to pay 23% capital gains with the Obama care surcharge.

If you don't understand the presence of inflation today, look back to the Obama era and executive actions taken on how inflation is commutated in the US, the rules were changed basically making any "official" rate a worthless made-up fantasy number as all the factual factors that comprise of inflation index were removed, such as food.

You'd think these guys have heard of Income Based Repayment before, it's been around since the Obama Administration!)   

With Obama, think he really didn't exploit his options, but the Congress now is getting a lot more aggressive on how much they can "fix" and you've got people like Schumer (the old guard) and Nancy (the VERY old guard) to ride herd.