With the president’s jobs bill struggling in Congress, the White House is refocusing its efforts on steps Obama can take to address the nation’s economic woes without getting lawmakers’ approval. In.
Two big questions loom over the Obama administration’s latest bid to help troubled homeowners: Will it work? And who would benefit? By easing eligibility rules, the administration hopes 1 million more.
Barack Obama, the US president, has announced fresh measures to boost the ailing property market, admitting that previous initiatives have fallen short and pleading for the approval of Congress to.
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These new initiatives replace HARP, the Obama-era mortgage relief program, and can help middle-class seniors reduce their monthly mortgage payments by as much as $3,120 each year (paying $260 less per month). If you owe less than $625,000 on your home you most likely qualify for the Freddie Mac’s Enhanced Relief Refinance option.
Please consider Obama’s alleged Mortgage Relief Plan. The White House on Tuesday announced it was cutting the mortgage fees charged by the Federal Housing Administration’s refinancing program.
It is a calculated strategy of appealing to those most likely to vote," said David Johnson, CEO, of political consulting agency strategic vision and a senior. Obama’s announcement during the State.
With recovery in the housing market tied to economic recovery, Mr. Obama will today announce what senior officials are calling a "major overhaul" of the government’s underused refinance program for.
President Obama on Monday announced new measures to help borrowers refinance their existing mortgages to new loans with lower interest rates and cheaper monthly payments. The plan is an expansion of.
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