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Foreclosure Defense FloridaGeneral Information

YIPEE! OBAMA AND TIMMY HAVE A PLAN TO SAVE HOMEOWNERS FROM FORECLOSURE!

underwater-homeowners
The federal government on Monday announced new rules that would allow many more struggling borrowers to refinance their mortgages at today’s ultra-low rates, reducing monthly payments for some homeowners and potentially providing a modest boost to the economy.The Federal Housing Finance Agency, working with the Obama administration, said that up to 1 million ” underwater” borrowers might benefit from an expanded program that targets homeowners who owe more than their properties are worth.