Originally published on Mon October 24, 2011 12:22 pm
An advantage of being an Oval Office incumbent seeking re-election was readily evident Monday in President Obama's roll-out of his administration's latest effort to help struggling homeowners.
With many Americans either facing foreclosure and others, because of declining property values or much tighter lending standards, unable to refinance their mortgages to take advantage of lower interest rates, the Obama administration is doing extensive renovations of its current housing policies.
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