Obama Refi Plan Details Coming Later This Month

Although President Obama Thursday night made a slight reference to a government-backed refi plan for troubled mortgagors, the effort appears to be temporarily stalled over concerns about what effect it would have on both MBS investors and the megabanks, according to advisors and trade group sources who claim to have knowledge of the program.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_428/obama-refi-plan-details-coming-1026478-1.html

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