Obama's housing scorecard

NEW YORK (CNNMoney) -- The Obama administration has announced yet another initiative to help struggling homeowners avoid foreclosure.

Earlier this week, the Department of Housing and Urban Development announced it would extend the period of time unemployed homeowners with Federal Housing Authority-backed mortgages could skip or make smaller mortgage payments to a minimum of 12 months, up from a minimum of four.

Source: http://rss.cnn.com/~r/rss/cnn_allpolitics/~3/4fTngE_ZwRI/index.htm

barak obama hillary clinton george w bush nancy pelosi harry reid