Yes, mortgage underwriting has gotten a lot harder. Let’s face it, it wasn’t that long ago a person capable of fogging a mirror could obtain some sort of mortgage financing if they really wanted to buy a house. Over time investors got too greedy and the lending requirement were so loose that a lending and housing [...]
NEW YORK (CNNMoney.com) — The Obama administration is widening its mortgage refinancing program to allow more borrowers hit hard by falling home prices to take part. Tweetgovernment,politics news,politics news,politics
On today’s video we’re going to be talking about President Obama’s Making Home Affordable Refinance program. We’ll explain how this refinance program could offer you an opportunity to reduce your interest rate even if your home value has decreased and you normally wouldn’t qualify. Tweetgovernment,politics news,politics news,politics
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