Mortgage Relief Plan Aims at Refinancing New York Times The FHA would use the bank fee to insure itself against the credit risk of taking on the new mortgages, a White House official said. Another part of the proposal is aimed at Fannie Mae and Freddie Mac, which eased some restrictions on refinancing last ... Obama proposes broader housing refinance planLivingston Daily
White House to push housing plan despite Republican opposition - The Hill (blog)
White House to push housing plan despite Republican opposition The Hill (blog) By expanding eligibility, about 3.5 million additional borrowers can take advantage of the refinancing program, Housing Secretary Shaun Donovan said earlier this week. The White House's main argument is that economists recognize that a broad-scale ...
Meet the Obscure Federal Regulator Who's Not Helping Homeowners ProPublica On another administration plan, to allow more borrowers to refinance at lower rates, DeMarco shifted somewhat toward the White House's position. He agreed to lift some fees on refinancing and make it easier to qualify. Freddie Mac told ProPublica in a ...
