(EMAILWIRE.COM, February 19, 2009 ) According to Kevin Price, the Host of the popular Price of Business Radio show (M-F at 11 am Central on CNN 650 in Houston and AOL Radio), the Obama plan will take away short term mortgage woes for some Americans, but could destroy the ability of the middle class to purchase a home in the years to come. Price pointed out in his www.BizPlusBlog that: "there is one provision, that comes with very little explanation, that could make middle class home ownership a thing of the past. In the words of the plan itself, this provision will "allow judicial modifications of home mortgages during bankruptcy for borrowers who have run out of options."

"This provision sounds innocent enough and, unlike many of the other measures, has little direct cost to taxpayers. In the long term, however, this simple provision could devastate middle class home lending because you will have judges arbitrarily deciding whether all other options have "run out," lowering interest rates at will, or forcing decreased payments on lenders. These decisions will be done by a person who has no vested interest in the process and often no knowledge about the dynamics of the lending process. As a result of this bill, many lenders will likely increase the already high standards for home ownership..."

Read the article in its entirety at www.BizPlusBlog.com.

Eric Bolling of Fox News and Fox Business says that the Price of Business Show "ROCKS" and Steve Moore of the Wall Street Journal says Price is the best business talk show host in the country. Find out why by tuning in Monday through Friday at 11 am central at www.PriceofBusiness.com.

For more information on syndication and advertising contact Stacy at SWalston@HoustonBusinessShow.com.

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