CBS News – Stephanie Condon
President Obama on Wednesday said he wants Congress to pass a package of housing reforms by the end of the year, calling his proposal to allow more homeowners to refinance their mortgages a "no-brainer." "There shouldn’t be an ideological barrier to getting this done," Mr. Obama said in a virtual town hall hosted by the online real estate database Zillow. The first iteration of the government’s refinancing program, the Home Affordable Refinance Program (HARP) was unveiled in 2009. The program helps underwater homeowners refinance their mortgages; the president wants to extend HARP to loans that aren’t backed by the government.