Register | Forgot Your Password? | Close
listen Listen: Valley students sing 'Happy Birthday' to Obama
President Barack Obama was given a happy greeting at a Valley high school before he gave a speech on the nation's housing market.

PHOENIX -- President Barack Obama was given a happy greeting at a Valley high school before he gave a speech on the nation's housing market.

Students at Desert Vista High School in Phoenix sang "Happy Birthday" to the president, who turned 52 on Sunday.

Obama is proposing to overhaul the nation's mortgage finance system, including shutting down government-backed Fannie Mae and Freddie Mac- a plan with bipartisan support on Capitol Hill.

listen Listen: Obama's full housing market speech
President Barack Obama's full speech on the housing market delivered on Tuesday, Aug. 6, at Desert Vista High School in Phoenix, Ariz.

Obama will also insist that popular 30-year mortgages be widely available to borrowers, even in a system that would rely more on the private sector than the government to guarantee loans.

The president was to outline his proposals Tuesday in Phoenix, once the epicenter of the housing crisis following the 2008 economic collapse. The housing market in the region, as in much of the country, has rebounded in recent months, buoyed in part by low interest rates.

Arriving midday in Phoenix, Obama spent time on the tarmac chatting with Arizona Gov. Jan Brewer before greeting Phoenix's mayor and other officials. Unlike last year, there was no finger-wagging from the Republican governor, who made international headlines with the gesture during Obama's stop here last year.

The Associated Press contributed to this report.

KTAR.com,

share this story:
Attention KTAR.com Comment Users: We have recently changed our comments boards.
We would like you to be part of the conversation and The Voice of Arizona by logging in with your Facebook, Twitter, Google+ or Disqus account. Existing KTAR (Arizona Sports) account members will need to create a Disqus account or use one of the aforementioned social media logins. Thank you.
comments powered by Disqus

World Class Arizona

  • Dignity Health

    World Class People. World Class Company. Excellent care, delivered with compassion, for all in need.
  • CopperPoint Mutual Insurance Company

    SCF Arizona has a new name. They are now CopperPoint Mutual Insurance Company.
  • Taylor Morrison

    World Class People. World Class Company. We are a national home builder committed to building homes inspired by you.
  • Go Daddy

    World Class People. World Class Company. Go Daddy is a Fortune 100 "Best Companies to Work For."
  • Avnet

    World Class People. World Class Company. Here's information on a Fortune 500 company from Arizona.

Voice For A Better Arizona

  • Working For Arizona

    The business and economics of Arizona at the start of 2014 and looking forward.
  • Arizonans In Need

    Putting a focus on charities and organizations who provide help and/or need your help to fulfill their missions.
close

Share: