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Full Resource Name:

FinancialStability.gov

FL

http://www.financialstability.gov

Description:

The Homeowner Affordability and Stability Plan is part of the Presidents broad, comprehensive strategy to get the economy back on track. The plan will help up to 7 to 9 million families restructure or refinance their mortgages to avoid foreclosure. In doing so, the plan not only helps responsible homeowners on the verge of defaulting, but prevents neighborhoods and communities from being pulled over the edge too, as defaults and foreclosures contribute to falling home values, failing local businesses, and lost jobs. The key components of the Homeowner Affordability and Stability Plan are:

1. Refinancing for Up to 4 to 5 Million Responsible Homeowners to Make Their Mortgages More Affordable
2. A $75 Billion Homeowner Stability Initiative to Reach Up to 3 to 4 Million At-Risk Homeowners
3. Supporting Low Mortgage Rates By Strengthening Confidence in Fannie Mae and Freddie Mac

Primary Services:

  • HUD Approved Counseling Agencies  [Show Definition Details]

  • Mortgage Delinquency and Default Counseling  [Show Definition Details]

General Information

Is Shelter?

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