Homeowner Affordability & Stability Plan
- Feb 28, 2009
- Foreclosures, Help for Homeowners, REALTOR News, Real Estate Law
- No Comments
On February 18, 2009, President Obama announced the Homeowner Affordability and Stability Plan, which is intended to keep existing homeowners in their homes and reduce foreclosures. The key points of this plan (in my opinion) are: 1. Refinancing options will be available for “Responsible Homeowners” (defined as homeowners who are still making their monthly payments, [...]