Presidential profiles—McCain

Mortgage Banking, Sept, 2008 by Walter White

Rarely have housing and the mortgage markets been an issue of top billing in a presidential campaign. The 2008 election is the exception. With such significant housing legislation having passed, the next administration will be challenged from Day One to foster and implement effective housing policy. And now with energy costs becoming a significant pocket book issue as well, domestic policy has become a central front on the campaign trail.

So watch the GOP convention in Minnesota and the pending (as this went to press) choice for vice president. There are many challenges that our next president will face. With McCain's ability to work across the aisle, time will tell if the American people give him the chance to cross party lines from the Oval Office.

Walter White has been writing about the housing and mortgage market for more than 20 years.

This is the first of two articles on the 2008 presidential candidates and their housing and economic platforms.

COPYRIGHT 2008 Mortgage Bankers Association of America
COPYRIGHT 2008 Gale, Cengage Learning
 

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