Sheila Bair Says Obama Foreclosure Program ‘Cheated Borrowers’

Arthur Delaney, Huffington Post Former bank regulator Sheila Bair cringed when President Barack Obama promised at an Arizona high school gymnasium in 2009 that his administration could save millions of homes from foreclosure. “If lenders and home buyers work together, and the lender agrees to offer rates that the borrower can afford, then we’ll make […]