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Government Stimulus PlanPresident Obama’s plan, named the American Recovery and Reinvestment Act, is designed to address two groups of homeowners: those who are current on payments but have high interest rates and not enough equity to qualify for refinance, and those who are at risk of losing their homes. The plan also intends to provide $200 billion in additional financial backing to Fannie Mae and Freddie Mac to increase money available for home lending.
Need to know more? Visit the Government Stimulus Plan Website. or submit you inquiry below: Do you want to start the application process for an FHA Home Loan now ?
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