Refinancing of Home Mortgage Loans
Housing and Urban Development Secretary Shaun Donovan testified the on the Obama administration’s plans to help homeowners…
Home Mortgage Refinancing
2012-05-24T10:03:39-04:00https://images.c-span.org/Files/543/306220-m.jpgWitnesses testified on legislation that would expand the number of homeowners who can refinance and take advantage of record-low interest rates. The bill, co-sponsored by Senators Barbara Boxer of California and Bob Menendez of New Jersey, would apply to those who are current on their payments and whose loans are backed by Fannie Mae and Freddie Mac. The bill would also eliminate all up-front fees and appraisal costs for borrowers, as well as streamline refinancing applications.Witnesses testified on legislation that would expand the number of homeowners who can refinance and take advantage of record-low interest… read more
Home Mortgage Refinancing Witnesses testified on legislation that would expand the number of homeowners who can refinance and take advantage of record-low interest rates. The bill, co-sponsored by Senators Barbara Boxer of California and Bob Menendez of New Jersey, would apply to those who are current on their payments and whose loans are backed by Fannie Mae and Freddie Mac. The bill would also eliminate all up-front fees and appraisal costs for borrowers, as well as streamline refinancing applications. close
People in this video
- Bob Corker U.S. Senator (Class 1) [R] Tennessee
- Bill Emerson Chief Executive Officer Quicken Loans
- Tim P. Johnson U.S. Senator [D] South Dakota
- Bob Menendez U.S. Senator (Class 1) [D] New Jersey
- Jeff Merkley U.S. Senator (Class 2) [D] Oregon
- Christopher Papagianis Special Assistant (Former) White House->Domestic Policy
- Richard C. Shelby U.S. Senator (Class 3) [R] Alabama
- Moe Veissi President National Association of Realtors
- Mark M. Zandi Co-Founder & Chief Economist Moody's Analytics
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