November 2011 
There are 1 blog entries for November 2011.
Obama's New Plan Unveiled For Struggling Homeowners
Tuesday, November 1st, 2011 at 12:26pm. 2,429 Views, 0 Comments.
On October 24, 2011, the Obama administration rolled out a revamped program to help homeowners stave off foreclosures. This plan is for current borrowers who want to get a lower monthly payment through a lower mortgage rate. Proponents of the program say it would help boost the economy by relieving financial stress on homeowners and reducing their mortgage so that they would have more expendable money.
The new initiative, which involves removing barriers to homeowners qualifying for the Home Affordable Refinance Program (HARP), is the latest in a series of steps by the President to defend his mortgage relief efforts and promote his jobs and economic policies.
At its core, the latest initiative would allow homeowners to refinance regardless of how
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