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NAFCU Talks Refis with White House

Trade participates in call with White House about three bills that would address mortgage modifications and refinancing.

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NAFCU participated in a call Monday with White House officials regarding proposals to modify the Home Affordable Refinancing Program, run through Fannie Mae and Freddie Mac, and implement a streamlined refinancing program at the Federal Housing Administration.

The Obama administration is supporting three bills introduced last week that address mortgage modifications and refinancing, which include a bill that would allow non-GSE and non-FHA guaranteed loans to be refinanced. They include:

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