HUD Secretary Announces Expanded Eligibility for Making Home Affordable Refinancing

This week, while touring a neighborhood in Las Vegas with Senator Harry Reid and Congresswoman Dina Titus, Housing and Urban Development Secretary Shaun Donovan announced an expansion of the Obama Administration’s Home Affordable Refinance Program to include participation by borrowers who are current but up to 125 percent underwater on their mortgage that is owned or guaranteed by Fannie Mae and Freddie Mac.
Click here for more information on the announcement.