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refinan: The President’s Homeowner Affordability and Stability Plan---Part 1 - 02/21/09 10:28 AM
The White House, this week, announced the Homeowners Affordability and Stability Plan. An executive summary of the plan may be viewed on the White House web site.
 
President Obama’s plan for the housing market consists of three components:
Refinancing for up to 4 to 5 million responsible home owners to make mortgage payments more affordable A $75 billion homeowner stability initiative to reach up to 3 to 4 million at-risk home owners Supporting low mortgage rates by strengthening confidence in Fannie Mae and Freddie Mac  
Today I want to address the first component of Obama’s plan. Understand that the … (11 comments)

 

Jay Williams, Mortgage Loan Officer Getting You The Right Loan

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