Obama to renew push for wider mortgage refinance plan

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The New Obama Refinance Plan.. One of the key elements of the new underwater mortgage refinancing plan is that it will be available on most types of mortgages, as long as they don’t exceed funding limits (see below). That’s a major difference from HARP, the administration’s current underwater.

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Mortgage applications shoot up 14.8% Nearly two-thirds of Americans sense double-dip recession plan on hand-holding buyers still wary of the economy – Almost two-thirds of Americans believe a "double-dip" recession is imminent. And that’s not nearly all, according to a recent survey. The survey, which was conducted by StrategyOne , polled more than a thousand American consumers.Fannie Mae, Freddie Mac would need another bailout in severe economic crisis Has spring buying season finally arrived? spring has Arrived! So has the Buying/Selling Season. Spring is hands-down one of the most popular times of year to buy or sell a home. With the weather warming up and people flocking outdoors, to the school year coming to an end, spring tends to be the time when the housing market rises.Freddie Mac may need another taxpayer bailout this week. This plan to overhaul Fannie Mae and Freddie Mac just might pass Congress.. It may even take a crisis to spur lawmakers to act.PNC offers a wide range of services for all our customers, from individuals and small businesses, to corporations and government entities. No matter how simple or complicated your needs, we’re sure to have the products, knowledge and resources necessary for financial success.

Bill Killmer, the chief lobbyist for the mortgage bankers association – which has more than 2,000 corporate members – said the push to lobby agencies on. said that although he’s concerned, the.

Revamped plan helps ‘underwater’ homeowners get lower-interest financing. A. Not a new one, but a revamped one. In October, President Obama announced the overhaul of the Home Affordable Refinance Program, which hadn’t helped nearly as many homeowners as the government predicted. See also: 10 steps to get you ready for retirement.

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The Home affordable refinance program (harp) The HARP program is for homeowners who are current on mortgage payments but, "have had difficulty refinancing". The official site says that even for borrowers who are "underwater" on their mortgages (owing more than the home is currently worth on the housing market), if mortgage is owned by Fannie Mae or Freddie Mac, HARP could be of assistance.

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Obama’s State of the Union Reveals Little About Mortgage Plan Posted on January 25th, 2012 So amid all the endless clapping and standing ovations, Obama did manage to get a few words out about the prospective mass mortgage refinancing plan during his State of the Union address last night.

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The New California Democrat is epitomized by a set of leaders in their forties. But these three milestones stand out: In 2006, more than 10 years ago, when Obama was just gearing up to run for.