Home Mortgage Loan Rates » mortgage lender http://blog.nationwidemortgages.net VA, FHA Home Mortgage Loans for First Time Home Buyers Wed, 21 Dec 2011 14:43:22 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 Will Obama Mortgage Plan Sinking Home Financing http://blog.nationwidemortgages.net/index.php/2009/03/will-obama-mortgage-plan-sinking-home-financing/ http://blog.nationwidemortgages.net/index.php/2009/03/will-obama-mortgage-plan-sinking-home-financing/#comments Thu, 12 Mar 2009 15:15:15 +0000 Franklin Rhodes http://blog.nationwidemortgages.net/?p=28 Ben Tracy reports on whom Obama’s housing plan will risk the mortgage lending system.

www.youtube.com/watch?v=ojwUEWbion4

20% of U.S. homeowners with mortgage loans are “underwater,” meaning they owe more money to their mortgage lender than their property is worth. Borrowers who have mortgage loans above the conforming and FHA loan limits are not eligible for the federal mortgage modification or refinance option.

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