Tag Archives: HUD: 3 bills will complete Obama refinancing initiative

Three bills intended to increase homeowner refinancing were introduced this week by Democratic senators — bills that HUD Secretary Shaun Donovan said are “a win, win, win and something that we think can gain real bipartisan support very quickly and get passed.” The bills, if passed, would complete President Barack Obama’s plan for refinancing, which he outlined in the State of the Union Address. In 2009, the Administration announced the Home Affordable Refinance Program to assist responsible homeowners refinance their mortgages. In its first two years it helped nearly 1 […]