Obama aims to broaden mortgage refinancing

WASHINGTON — The Obama administration is trying to fix a stubborn drag on the economy by allowing all homeowners to refinance their mortgages at lower interest rates even if they owe more than their homes are worth, tackling a difficult issue of vital concern in states key to President Barack Obama's re-election.

Freddie’s dirty game

Have you ever wondered why, despite numerous government programs made to help struggling homeowners, there are still so many obstacles that prevent borrowers from refinancing their loans?

Obama Is Said to Plan Help for Home Mortgage Refinancing to Revive Market

President Barack Obama will announce a package of proposals to jolt the housing market out of its doldrums, including an effort to help more borrowers take advantage of historically low mortgage interest rates, an administration official said today.

Obama Mortgage Plan Would Broaden Government-Backed Loans

The White House plans to propose legislation that could allow a few million homeowners to reduce mortgage payments by refinancing with government-backed loans.

Trophy Buildings Get Refinancing, Others Wait

Commercial property lenders are reluctant to venture from major urban centers