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Mortgage refi plan targets hard-hit borrowers – WASHINGTON (MarketWatch) – President Barack Obama on Monday unveiled a changed mortgage refinance plan that would allow homeowners who have suffered steep price declines on their properties to get.
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Who Can Refinance with the Obama Mortgage? – But what IS an Obama Mortgage and who is eligible? In early 2009, the Obama administration announced a program called Making Home Affordable. This program is expected to help nine million homeowners keep their homes and avoid foreclosure through refinancing and modified loans designed to lower monthly mortgage payments. The Obama mortgage is.
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