On March 6, President Obama announced two steps to support homeowners: (i) the nation's five largest servicers have agreed to provide relief for servicemembers and veterans, including those wrongfully foreclosed upon or denied a lower interest rate on their mortgages and (ii) a reduction of fees for FHA borrowers looking to refinance under the Streamline Refinance Program. Fact Sheet.
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Administration support for homeowners
- Orrick Herrington & Sutcliffe LLP
- USA
- March 12 2012
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How Yee Loh
In-house Counsel
Kuok Group
