Homeowner Help

The Obama administration announced a plan to help homeowners. This plan could eventually refinance millions of homes with government-backed mortgages. Another target of this plan is the unemployed, hoping to ease financial burdens while those without jobs are seeking them.

The government’s portion will come from the Trouble Asset Relief Program. The changes are an effort to stabilize the housing market by 2012.

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Posted on March 26, 2010, in Press Releases and tagged , , , , , , , . Bookmark the permalink. Leave a comment.

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