About Government Refinance and Home Purchase Programs

Information and Updates on Government Mortgage Programs
Filed under HARP Program Loans or The Obama Refinance Program

Speculation is flying freely about the pending eligibility details of the Obama homeowner rescue plan. Here is an article that suggests the plan and FHA may have stipulations to help people who have been laid off.

On Tuesday, a government housing official told a U.S. House of Representatives panel that the Obama administration is currently working on a way to offer more home loan relief to the unemployed, Dow Jones Newswires reports.

These plans may include permission for the Federal Housing Administration to help households in which a breadwinner has been laid off due to the recession, Vance T. Morris, Housing and Urban Development director for single family asset management, told the panel.

Comments (4) Posted by G.R.A. Admin on Wednesday, February 25th, 2009

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