Editorial: Help underwater homeowners who are responsible USA TODAY To deal with this problem, the Obama administration rolled out a refinancing plan last fall that targeted homeowners who have kept up with their mortgage payments even though they are underwater. That plan was limited to homeowners with mortgages...
Obama wants Congress to act on expanded home refinance plan USA TODAY By Julie Schmit and Richard Wolf, USA TODAY The Obama administration's latest refinancing proposal could extend mortgage refinancing opportunities to millions of homeowners, but it faces plenty of opposition. By Susan Walsh, AP President Obama holds up ...
Obama proposes broader housing refinance plan - USA TODAY
Obama proposes broader housing refinance plan USA TODAY (AP) – President Barack Obama called on Congress Wednesday to make it easier for millions of additional homeowners to refinance their mortgages at lower interest rates even if they owe more than their homes are worth.
Underwater Mortgages Causing Downward Economic Spiral - U.S. News & World Report
Underwater Mortgages Causing Downward Economic Spiral U.S. News & World Report With proper help and incentives, many (but not all) underwater mortgages can be turned into performing loans. Underwater homeowners who might otherwise need to walk away from their homes would be more willing to stay in them if refinancing were ...
