In a recent installment of the White House White Board, Brian Deese, Deputy Director of the National Economic Council, explained how President Obama’s mortgage refinancing proposal would make it much easier for millions of American homeowners to refinance their mortgage and save hundreds of dollars every month.  Take a look at the video below:
 

In this week’s online resources round-up, we bring you resources from Makinghomeaffordable.gov. Whether your home value has fallen, you owe more than your home is worth, you’re experiencing financial setbacks or you’ve become unemployed, Making Home Affordable may help you solve your specific situation.

• Lower your payments
• Lower interest rates
• If you’re unemployed
• If you have a second mortgage
• If your home’s value has fallen

To learn about the recent mortgage servicing settlement which will provide as much as $25 billion in relief to distressed borrowers, visit: http://www.nationalmortgagesettlement.com  and http://portal.hud.gov/hudportal/HUD?src=/mortgageservicingsettlement

That’s it for today. Have a nice weekend.