White House details home refinancing plan
WASHINGTON (MarketWatch) - The White House on Wednesday began to provide details of President Barack Obama's State of the Union pledge to craft a plan to give homeowners a chance to refinance at historically low interest rates. In a fact sheet, the White House said that the program will be focused on borrowers whose loans are not owned by Fannie Mae or Freddie Mac. The program will be operated ...
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Six Questions on Obama’s Mortgage Refinance Proposal
President Obama said Tuesday night he would send a plan to Congress to allow all homeowners who are current on their mortgages to refinance. Heres a quick look at the proposal:
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Obama Lays Out His Latest "Mortgage Plan"
Listen to the Landlord in Chief lay out his REO to LBO plan live and in stereo. Since everyone will end up paying for it, directly or indirectly, sooner or later it probably is relevant. http://www.whitehouse.gov/sites/default/themes/whitehouse/img/facebook_b...) no-repeat; padding-top: 13px; height: 30px; float: left;" JOIN THE LIVE CHAT VISIT WHITEHOUSE.GOV The full fact sheet is below ...
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FACT SHEET: President Obama’s Plan to Help Responsible Homeowners and Heal the Housing Market
Release Time: For Immediate Release In his State of the Union address, President Obama laid out a Blueprint for an America Built to Last , calling for action to help responsible borrowers and support a housing market recovery. While the government cannot fix the housing market on its own, the President believes that responsible homeowners should not have to sit and wait for the market to hit ...
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