Home Affordable Refinance Program News
Past State of the Union Guests
Since Ronald Reagan, it has become a tradition for presidents to invite special guests to watch their annual State of the Union address from a VIP box in the House chamber with the first lady. From such famous figures as the late Steve Jobs' wife, Laurene Powell Jobs, to Joan Milligan, a longtime
3 Loans That Are Tough to Refinance
Advertised rates for car loans, mortgages and even some credit cards are tantalizingly low, promising big savings for borrowers who can refinance. But just because you see that rate advertised doesn't mean you'll qualify. Here are three loans that can be difficult to refinance, as well as
Fact Check: Crossroads Ad Hits Obama for 'Broken Promises'
Crossroads GPS, the pro-Republican advocacy group co-founded by Karl Rove, is attacking President Obama over four “broken promises” in a new $25 million TV ad campaign across 10 battleground states. The one-minute spot juxtaposes clips of Obama in 2008-2009 making claims about his economic ...
How Will the Federal Home Affordable Refinance Program Help Homeowners?
The mortgage industry is buzzing about HARP 2, the revamped federal Home Affordable Refinance Program . Some are predicting it will trigger the biggest refi boom of the decade. But will it really help homeowners whose loans are deeply underwater refinance into low-rate loans? Or is this more hype
State of the Union: Fact Checking the President
ABC News’ Huma Khan reports: Fact Check 1 - Obama’s Plan for Foreclosures Fact or Fiction Number 1 – Obama’s Plan for Foreclosures “That’s why I’m sending this Congress a plan that gives every responsible homeowner the chance to save about $3,000 a year on their mortgage,...
President Obama to Announce New Program to Help Struggling Homeowners
President Obama today will announce a new proposal to alleviate the pressure on homeowners who are under water, as he travels to Nevada, the ground zero of the housing bust. From the front porch of a Las Vegas home, which has one the highest foreclosure...
Loan Modification Misconceptions
Gerri Detweiler on common misconceptions that keep homeowners from refinancing.
Retailers are cheering a recent lawsuit settlement between the department of justice and major credit card companies. The suit stemmed from ruled that American Express and MasterCard. Had in place preventing retailers from steering customers to payment methods that were less expensive for them to
Refinance Now, If You Can
Mortgage Rates Are Expected to Rise Even More, but Hurdles Stand in the Way for Many Seeking to Refinance