Tag Archives: Refinancing

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keep the conversation going


The White House Monday, July 16, 2012
It’s time to keep the conversation goingIf we’re going to get traction for President Obama’s proposal to help responsible homeowners refinance their mortgages, we need to make sure as many people get the facts as possible.That’s why we recently organized a discussion between Secretary of Housing and Urban Development Shaun Donovan and a group of homeowners from across the country to talk about the President’s plan.And now, we want to keep the conversation going.

So take a moment to watch these homeowners describe their situations to Secretary Donovan, then share your own story.

In the past month, we’ve received tens of thousands of messages from Americans who support President Obama’s proposal. We have shared them with advisors to the President, published them on WhiteHouse.gov, and posted them to Twitter and Facebook.

Again and again, the facts of their stories are the same. We’re hearing from people who’ve done everything right, who have made their payments on time each month, and who are locked out of lower payments through no fault of their own.

They want a refinancing process that’s simpler. And if we can get a vote in Congress, that’s exactly what President Obama’s proposal will give them.

But we are running out of time.

So add your voice to the discussion now, and help us bring this issue to the top of the agenda. We’ll feature stories on WhiteHouse.gov, and make sure they’re part of the conversation here in Washington:

http://www.whitehouse.gov/why-refi

Thanks.

P.S. — Watch the full Google+ Hangout with Secretary Donovan here.

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Must See Whitehouse vids …


Ask An Expert: How Will This Impact Local Economies?

Shaun Donovan, United States Secretary for Housing and Urban Development, answers your questions on President Obama’s homeowner refinancing proposal that aims to make it simpler for millions of homeowners around the country to refinance their mortgages and save hundreds of dollars each month.

http://www.whitehouse.gov/refi

 

Announcing the 2012 SAVE Award

President Obama believes the best ideas usually come from the front lines. That’s why in 2009 he launched the SAVE Award (Securing Americans Value and Efficiency), seeking ideas from Federal employees to make government more effective and efficient and ensure taxpayer dollars are spent wisely. Over the past three years, Federal employees have submitted more than 75,000 cost-cutting ideas through the SAVE Award. Dozens of the most promising ideas have been included in the President’s Budget, specifically in the Cuts, Consolidations, and Savings volume.

Between now and July 24th 2012 federal employees can participate in the 2012 SAVE Award by going to :

http://www.whitehouse.gov/save-awardMore

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Here’s how to know if you’d qualify for refinancing


The White House, Washington

Hello —President Obama’s plan to give mortgage relief to responsible homeowners boils down to one important principle. He wants to simplify the refinancingprocess.And the very first step is to let people know if they would benefit from the President’s proposal — so we’ve built a tool to help answer that question.Just enter a few basic facts about your mortgage, and this tool will help you figure out if you currently qualify for easy, low-cost refinancing — or whether, like millions of families, you need Congress to act to help you lower your interest rate.

Get started now.  

As tens of thousands of people have spoken up and written in to the White House, we’ve heard one message loud and clear: The refinancing process is anything but easy to navigate.

Even homeowners who have done everything right and made all their payments on time are getting caught up in unnecessary red tape. Sitting down and reading through some of these stories is a powerful reminder of why it’s so important that we get this done right away.

One mom in Maryland, raising two teenage boys by herself, wrote in to say that she’s working 15 hour days to make her mortgage payments and keep current on her bills. Another family from Illinois is hoping to lower their mortgage payments so they can help pay for college for their kids. One woman in Arkansas called the President’s plan a “no brainer” and talked about how much good it would do for the broader economy.

So if you are like these people and think that both you and our economy could stand to benefit from the President’s refinancing plan, give the tool a try, then take a moment to share it with your friends:

http://www.whitehouse.gov/refi

Thanks,

Brian

Brian Deese
Deputy Director
National Economic Council
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Five things you should know about mortgage relief


The White House Wednesday, June 20, 2012
Will you sharethis?We want to make sure you have all the information you need to understand President Obama’s proposal to cut through the red tape keeping millions of responsible homeowners from refinancingtheir mortgages.And we want to make sure your friends get the message, too.

So we’ve put together a list of five things that help to explain the President’s proposal and why it makes sense for the middle class. We just need you to share it.

SHARE ON FACEBOOK | SHARE ON TWITTER

Refi: 5 Things You Should Know

You don’t need to visit WhiteHouse.gov. You don’t even need to be on Facebook or Twitter. Sharing the message can be as simple as hitting the forward button and sending it to three friends.

But an image like this can be really powerful over social networks. You post it, and one of your friends picks it up and shares it with her followers. A couple folks who follow her decide to do the same, and pretty soon, the message is seen by people all over the country.

If Congress passes President Obama’s plan, millions of responsible people will get some important relief. But too many people don’t know what’s at stake. And that’s where you come in.

Share the message today:

http://www.whitehouse.gov/infographics/refi-five-things

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USA.gov.: learn more – frauds&scams, permanent res, voting info for uniformed&overseas,student aid, tornados


Learn more about frauds and scams so that you don’t become a victim.

Learn more about the options and steps to becoming a permanent resident.

Visit the voting assistance guide for uniformed and overseas citizens.

 How can I prepare for a tornado?

Learn more about federal student aid and how to apply.

What is Fix a Leak Week?

According to a new settlement, some Servicemembers and Veterans may receive housing relief.Relief could affect those who were:

  • Wrongly foreclosed upon
  • Wrongfully denied the opportunity to reduce their mortgage payments through lower interest rates
  • Forced to sell their homes for less than they were worth due to a change in station

As part of an effort to reduce barriers and costs for refinancing, FHA will cut its fees for refinancing loans already insured by FHA. An estimated 2-3 million borrowers could be eligible for this savings.

Get further details about these new provisions for military homeowners.