Housing/Foreclosures

Obama Rolls Out New 'We Can't Wait' Slogan On Housing, Economy

Susan Crabtree | October 24, 2011, 2:04PM

President Barack Obama

President Obama is heading straight into the heart of the housing crisis -- Nevada -- to unveil a series of executive branch steps to give the economy a shot in the arm, beginning with new rules making it easier for underwater homeowners to refinance their mortgages.

The White House is calling the new roll-out the "We-Can't-Wait" program, a not-so-subtle jab at Republicans in Congress, who have spent the last two weeks blocking Obama's job bill. Las Vegas' economy was one of the hardest hit by the housing crisis.

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