The Mortgage Buzz
A Mortgage News & Information Blog for The Central Virginia Area.
Wednesday, March 4, 2009
The Homeowner Affordability and Stability Plan Unveiled (sort of)
The Homeowner & Stability Plan (HASP), courtesy of
USTreas.gov
:
Treasury's Executive Summary
(PDF)
Section 1, the part about low cost refinancing, is still unclear. Apparently 3 to 4 million homeowners could benefit, but they still haven't said how. Details of the details are forthcoming, I guess :-)
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