Federal Officials: No Plans for Expanding Refinance Programs

Federal Officials: No Plans for Expanding Refinance Programs

Obama administration officials knocked down rumors on Thursday about any plan for new programs-dubbed an “August Surprise” -to streamline refinancing or cut mortgage balances for homeowners in a bid to stimulate the economy without asking Congress for money ahead of the midterm elections.

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Posted by Bob Lachance in Featured Articles, Investment, Preforeclosure, Real Estate, Short Sales on 01 4th, 2011
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