“And I’m looking forward to that day, and I know they are, as well.”
President Bush visits Freehold Township, New Jersey, Friday to spotlight efforts to save struggling homeowners from foreclosure.
The president plans to stop by a mortgage counseling company that’s part of the “Hope Now” alliance. Hope Now is an industry group organized by the Bush administration to coordinate a response to the mortgage crisis.
With upwards of two million Americans in some kind of mortgage trouble, the alliance faces a huge job.
But Bush is stressing the up side: despite the subprime mess, most Americans are making their payments. And more households are working out problems than are entering foreclosure. Read more
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