I don't know How - Do You? In order to refinance under current law you can't be in foreclosure and your home must be worth more (Equity), than what you owe!
It will be interesting to see just how they plan to pull this one off!
Mathews Realty Group
Investment Consultants
Income Retirement Specialists
Amplify’d from www.dsnews.com
Obama Pledges to Refinance Millions of Mortgages at Today's Rates
Obama told Congress that his administration is going to work with federal agencies to refinance millions of homeowners’ mortgages at today’s record-low rates.
See this Amp at http://amplify.com/u/a1cnsr
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