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HARP – HARP-the Home Affordable Refinance Program-was created by the Federal Housing finance agency specifically to help homeowners who are current on their mortgage payments, but have little to no equity in their homes, refinance their mortgage – that is, they owe as much or more than their homes.
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Obama plan to help 9M stay in homes – WASHINGTON (AP) – The Obama administration’s. deal on mortgage relief The $75 billion program detailed Wednesday offers refinanced mortgages or modified loans with lower monthly payments. Yet its.
Seniors Mortgages | Housing and Home Loan Guide for Seniors – A guide to housing and mortgages for seniors. Find information regarding financial help and assistance for seniors.. they might choose to refinance the mortgage at a lower rate and for a shorter number of years. Though their payments will initially be higher, the long-term finance charges.
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FACT SHEET: President Obama's Plan to Help Responsible. – 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 refinancing program will be open to all non-GSE borrowers with standard (non-jumbo) loans who have been keeping up with their mortgage payments.
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Obama relents on jobs speech to Congress, moves address to Sept. 8 – Updated 9:50 p.m. President Obama will address. program that pays employers to hire workers who have been unemployed and provides funding for training. At the same time, Obama may announce new.
Obama offers mortgage relief to millions of homeowners – President Barack Obama announced on Tuesday a cut in fees on many government-backed mortgages that he said could help millions of homeowners refinance, part of an election-year push to boost the shaky.
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Obama To Hold Press Conference On Mortgage Relief – WASHINGTON – President Barack Obama is aiming mortgage relief. who want to refinance now must pay a fee of 1.15 percent of their balance every year. Officials say those fees make refinancing.