Administration Expands Mortgage-Rescue Program

02 Jul 2009

The Obama administration has announced plans to expand its mortgage-rescue program.

The Obama administration has announced plans to expand its mortgage-rescue program. In its latest enhancement, homeowners with mortgages worth up to 125% of their property’s value will be eligible for refinancing, up from 105%. To be eligible, borrowers need to be up to date on their payments on ...

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