Relevant:
- U.S. May Back Refinance Plan for Mortgages
- Overview of the Government’s Programs to Reduce Principal on Underwater Mortgages
- Low Interest Rates Are No Help To Underwater Homeowners
- Obama Will Make Taxpayers Guarantee Mortgages Without Checking Borrowers' Incomes or Employment
- FHA to Lower Insurance Premiums for Mortgage Refis
2012-02-12 — sfgate.com
"But all the programs offered by the Obama administration have proved disappointing. The latest effort would use the Federal Housing Administration to refinance, at lower interest rates, the mortgages of homeowners who are underwater but who are paying their mortgage."
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