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Senator Boxer Calls for Rapid Action on Housing Refinancing Plan to Assist Homeowners
Washington, D.C. - July 10, 2009 - (RealEstateRama) — Today, U.S. Senator Barbara Boxer (D-CA) sent a letter to Federal Housing Finance Agency Director James Lockhart applauding the Administration’s recent decision to expand the Home Affordable Refinance plan, which allows responsible borrowers whose home values have declined to refinance their Fannie Mae or Freddie Mac loans and take advantage of historically low mortgage rates.
Boxer Regrets Defeat of Housing Measure
Washington, DC - May 1, 2009 - (RealEstateRama) — – U.S. Senator Barbara Boxer (D-CA) today spoke on the Senate floor in favor of an amendment that would have helped millions of at-risk homeowners avoid foreclosure by allowing bankruptcy judges to modify mortgage terms for primary residences.