Editorial: Help underwater homeowners who are responsible USA TODAY The catch, of course, is that many of those homeowners have too little equity in their homes to be able to refinance — and save an average of $250 a month— under current rules. To deal with this problem, the Obama administration rolled out a ...
Obama proposes broader housing refinance plan - USA TODAY
Obama proposes broader housing refinance plan USA TODAY That's in addition to 11 million borrowers who have Fannie- or Freddie-guaranteed loans who could be eligible for refinancing under the administration's proposed changes. For more information about reprints & permissions, visit our FAQ's.
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 ...
Underwater Mortgages Causing Downward Economic Spiral - U.S. News & World Report
Underwater Mortgages Causing Downward Economic Spiral U.S. News & World Report Families who find themselves in trouble because of a loss of income or other financial shock can't make their monthly payments, refinance, or sell their homes. Foreclosures result, which drag down the prices of nearby homes, increasing the likelihood ...
Many ways out of Foreclosure:
