Why isn't the govt and bank helping the homeowners who are not missing their mortgage payments?
what is being done for the responsible homeowner who has lost partly of the value of their property, but are still paying loans with dignified interest rates?
why rescue the banks with our sturdy earned tax dollars and bail out the bank who are giving out large bonuses to their over paid workers?
Answers:
Good put somebody through the mill! The Obama administration has done something for homeowners who are contained by good standing and who have lost their home pro. A new policy has be passed that will allow homeowners to refinance their homes up to 105% of the loan amount. This policy will help millions of homeowners across the country to refinance to a better rate and better term.
As of right presently, mortgage interest rates are fairly low and allowing homeowners to refinance up to 105% will allow many homeowners to refi who previously couldn't because their loan amount be more than their home value.
A good article explaining this policy can be found on the source website I used. The article is call "Obama’s Refinance Plan: What it Means for Your Mortgage"
This new policy may not be a grand slam home run but its something! Source(s): http://refipost.com/
"your creditably and integrity remains intact"
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why rescue the banks with our sturdy earned tax dollars and bail out the bank who are giving out large bonuses to their over paid workers?
Answers:
Good put somebody through the mill! The Obama administration has done something for homeowners who are contained by good standing and who have lost their home pro. A new policy has be passed that will allow homeowners to refinance their homes up to 105% of the loan amount. This policy will help millions of homeowners across the country to refinance to a better rate and better term.
As of right presently, mortgage interest rates are fairly low and allowing homeowners to refinance up to 105% will allow many homeowners to refi who previously couldn't because their loan amount be more than their home value.
A good article explaining this policy can be found on the source website I used. The article is call "Obama’s Refinance Plan: What it Means for Your Mortgage"
This new policy may not be a grand slam home run but its something! Source(s): http://refipost.com/
"your creditably and integrity remains intact"
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