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1 lut 2012 · Key components of the President’s plan include: • Providing Non-GSE Borrowers Access to Simple, Low-Cost Refinancing: President Obama is calling on Congress to pass legislation to establish a streamlined refinancing program.
The U.S. government created the Obama Mortgage to help borrowers in financial trouble avoid foreclosure, stay in their homes, and make their mortgage payments more affordable.
These steps are part of the Administration’s broader plan to provide access to responsible borrowers to refinancing – allowing the typical homeowner to save thousands of dollars a year. That includes: o Providing Access to Refinancing for Borrowers With Loans Guaranteed by Fannie Mae or Freddie Mac: Many GSE borrowers who are current on their
At the heart of the President Barack Obama's ambitious plan to rescue the housing market is the conviction that restructuring distressed mortgages will keep struggling borrowers in their...
Some homeowners who are underwater on their mortgages and those stuck in high-cost subprime loans could soon be eligible for a lower mortgage rate, according to an Obama administration...
5 mar 2009 · Freddie borrowers can get a discount of half a percentage point when they refinance a mortgage with a 30- to 40-year term into a loan with a term of 15 to 25 years. But to qualify, your loan...
18 kwi 2012 · President Obama has already taken steps to help responsible homeowners with federally backed mortgages—those held by Freddie Mac and Fannie Mae—save money each month by allowing them to refinance their mortgages at today’s historically low interest rates, even if they are underwater.
