President-elect Barack Obama’s economic team is expressing interest in a U.S. Treasury plan to spur homebuying through new securities aimed at driving down mortgage rates.
Incoming White House economic chief Lawrence Summers is seeking details of the proposal from Columbia Business School Dean Glenn Hubbard, who put together the plan’s foundation with Columbia’s Christopher Mayer. Mayer [...]
Entries from December 2008
Obama’s Team Encourages Treasury Mortgage
December 12th, 2008 · No Comments
Tags: Government Bailout
