Refinance options for homeowners who are underwater

Van Horn, Hugh
November 2010
Public Record (0744205X);11/9/2010, Vol. 34 Issue 45, p4
The article offers information on the three refinance programs that can help homeowners with their loan problems. It states that the U.S. Federal Housing Administration (FHA) Streamline has allowed streamline refinances since 1980's for insured mortgages. It mentions that the DU Refi Plus� is only available for Fannie Mae loans' refinances. It adds that the Freddie Mac Relief Refinance Mortgage(SM) - Open Access program backs the Making Home Affordable Program.


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