We will make it possible for an estimated four million to five million currently ineligible homeowners who received their mortgages through Fannie Mae or Freddie Mac to refinance their mortgages at a lower rate.
President Obama outlines a key component of the housing plan aimed at helping homeowners.
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The essence of Prop. 50 is to say that if you are going to play that game, then we are going to try to counteract that abuse of the system.
I hope this center will serve as an affirmation of just how special, how precious our democracy truly is.
No one was more skilled at bringing people together and getting legislation passed.
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