President Obama's Homeowner Affordability and Stability Plan was revealed today.
According to the plan, $75 billion will be made available for up to nine million homeowners at risk of losing their homes and/or providing refinancing options to make their payments more affordable.
The White House put a Q&A about the plan on its blog right here.
It's way too early to know how this will all play out but the initial reaction was favorable.
Contact Kirk Kenney: 619.920.2195 or kirkkenney@coldwellbanker.com
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