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Feds ramp up efforst to help struggling homeowners refi
September 12th, 2011 8:53 AM
As the housing sector remains a drag on economic growth, the federal appetite to help struggling homeowners with their underwater mortgages is growing while skepticism about programs that aim to do so remains.

Nearly two months after a pair of senators unveiled their proposal, the Federal Housing Finance Agency (FHFA) announced Friday plans to work toward identifying and reducing barriers that would provide a refinancing option for nearly 3 million homeowners who are current on their mortgage payments but are negative in equity.

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Posted by Stephen Rochkind, SRA on September 12th, 2011 8:53 AMPost a Comment

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