Posts Tagged 'Obama'

Refinance Program Expands

In my September 2011 post titled “What We Are Hearing,” I mentioned that the Obama Administration was contemplating major refinancing programs and other incentives to keep homeowners who have either no or negative equity (underwater) in their homes. The Administration announced changes to the current HARP program that may be beneficial to you, your friends and/or your clients.

Home Affordable Refinance Program – HARP:
Under this plan, homeowners with loans backed ...

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What We Are Hearing . . .

We are hearing from sources that the Obama Administration has gathered with industry experts and is considering options to help stabilize the housing market and stimulate the economy. The Administration appears to be realizing that major refinancing programs and other incentives are needed to keep homeowners who have either no or negative equity (underwater) in their homes. At this point, some of this information is purely speculative. Some of these ...

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