Obama Mortgage Refinancing Plan: A Bailout by Any Other Name National Legal and Policy Center And mortgage lending is high on his priority list. In his speech, he announced a plan that "gives every responsible homeowner the chance to save about $3000 a year on their mortgage, by refinancing at historically low rates...A small fee on the largest ...
Obama presses Congress on home refinancing USA TODAY By Richard Wolf, USA TODAY President Obama is urging Americans to press Congress to pass his latest home refinancing plan -- something he admits will be difficult to do. "In order to lower mortgage payments for millions of Americans, we need Congress ...
MICHELLE MEYER: If You're Counting On Housing To Save The Economy, You'll Be ... Business Insider The Obama Administration expanded the modification program – Home Affordable Modification Program (HAMP) – until the end of 2013 and increased incentives for principal reduction. It also proposed a new plan for streamlined refinancing for non-agency ...