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Heather Fernandez, VP of Marketing at Trulia, appeared on KTVU last night talking about how President Obama’s Mortgage relief plan will effect California homeowners - some will get relief while others wont…..
Those that would qualify must meet certain guidelines.
Responsible
homeowners who can prove that they meet these guidelines for this one
time only refinancing have a chance to reduce their monthly mortgage
payments.
Popularity: 3% [?]
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March 12th, 2009 at 6:15 pm
Considering that some zip codes in Las Vegas are down 64% in equity over the past year, I don’t see this new plan helping our city much either.
March 13th, 2009 at 11:14 am
Mark - have to agree with you from the Florida viewpoint as well, buddy. We’re WAY down in value here as well. 5%? Eh? Not going to cut it for homeowners here in the Orlando/Tampa region.