Underwater homeowners “saved” from foreclosure? Not exactly …

posted by
October 24, 2011
Orange County Register
by Mark Landsbaum  
Posted in Commentary

"The Federal Housing Finance Agency announced today new rules to allow many 'underwater' homeowners -- the people who owe more than their homes are worth -- to refinance at today’s extremely low interest rates. Is that good news or bad?" (10/24/11)


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