President Obama can expect a chilly response from House Republicans to his latest plan to help keep Americans from losing their homes.
Speaker John Boehner (R-Ohio) mocked the president’s proposal to expand mortgage refinancing as one in a line of housing efforts from his administration that have failed.
“We’ve done this at least four times," he said, "where there’s some new government program to help homeowners who have trouble with their mortgages. None of these programs have worked. I don’t know why anyone would think this next idea is going to work.”