Obama Administration announces new details on Making Home Affordable Program
Obama Administration announces new details on Making Home Affordable Program
WASHINGTON – The Obama Administration today announced details of new efforts to help bring relief to responsible homeowners under the Making Home Affordable Program, including an effort to achieve greater affordability for homeowners by lowering payments on their second mortgages as well as a set of measures to help underwater borrowers stay in their homes.
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This is definitely good news. The Making Home Affordable program can’t help everyone, sadly, so the least they could do is give the best help they can give to those who do qualify.