There are both positive and negative aspects to President Barack Obama's Homeowner Affordability and Stability Plan (HASP) announced on Wednesday last week.

On balance, "the plan is a positive first step in stabilizing the U.S. housing market," according to Westwood Capital.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.