The Plan: $75 Billion
The Goal: Save 9 million homes from foreclosure and prevent falling home prices.
I have rounded up some links to some articles giving different perspectives on “Obama’s $75 billion Homeowner Affordability and Stability Plan”
- White House Blog
- MSNBC and Here
- CNN
- Calculated Risk (The Best Insights)
Some Key Points:
- Refinance for Homeowners with Fannie Mae or Freddie Mac held mortgages
- Modify Mortgages/Reduce Monthly Payments
- Influence Lower Mortgage Rates
Definitely a lot of buzz surrounding the plan. Thoughts? Please share below in the comments.
