Romney housing plan short on specifics

Republican presidential candidate Mitt Romney this week released a brief overview of his housing policy – a plan that not surprisingly bashed Obama’s record in the sector and one that provided a few vague details about what he would do without critiquing the White House’s existing programs. Romney said in the plan: “President Obama’s only plan to address the housing crisis was the same plan he used to try to fix the economy: spend more taxpayer money on big-government programs.” Romney said he would “responsibly” sell 200,000 vacant foreclosed homes owned by the government and “facilitate” foreclosure alternatives for those who cannot afford to pay their mortgage. However, he does not comment specifically on the Obama administration efforts in these areas other than to say Obama has “rolled out an alphabet soup” of more than ten housing finance programs rather than offering a real solution.



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