The Obama administration is considering unveiling new plans next week to revive the ailing housing market and reduce foreclosures, including an effort to help troubled borrowers refinance their mortgages.
Very good news for homeowners that are borderline when it comes to refinancing their homes and have BAD CREDIT or not ENOUGH INCOME.
I just hope that this program is not another smoke and mirrors for homeowners to be tied to a property for years thinking that they are homeowners when they are only mortgage owners.
If this program reduces the principal, it will be significant. .
Read The Report HERE
Because. . .
. . and it should
NOT BE
your only option. .
TO avoid A . . .
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