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Last
April, president Obama launched a housing relief plan
to help millions of homeowners. Since then, less than
100,000 homeowners have used the plan to refinance.
The government is making every effort to expand the
reach of the program and encourage homeowners to refinance
into more affordable mortgages. For homeowners considering
refinancing, or looking to save their home from foreclosure,
Obama's plan is still active, and may be able to help.
The
Story behind Obama's Housing Relief
The housing crisis of 2009 forced the government to
take historic steps to help protect Americans from foreclosure.
When Barrack Obama launched the Making Home Affordable
(MHA) program last April, his goal was ambitious: help
millions of American homeowners avoid foreclosure by
getting them more affordable mortgage payments. The
plan, Obama said, would provide relief for 7-9 million
homeowners. Read
More....
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