Obama to order fresh help for struggling homeowners

President Barack Obama's administration has set out to provide further assistance to the struggling homeowners currently being affected by unemployment and slumping house prices. As the economy continues to try and rebound from the recent recession, the recovery continues to be dragged down by weak housing and labor markets. Obama will order mortgage firms to help hard-hit homeowners to restructure their mortgage payments. This is particularly interesting considering some of the failures of the economy were attributed to the sub-prime mortgage crisis and it will be interesting to see how the President and his administration will handle this.