Allowing a homeowner to refinance from a loan that is 6-percent interest to a loan that is 4-percent interest, for example, would save them hundreds of dollars a month, putting more money in their pockets, reducing defaults and foreclosures.
On the recordMay 7, 2012
Source
congress.govEditor's note · Context
Menendez explains how refinancing can financially benefit homeowners and reduce foreclosures.
Share
More from Bob Menendez Jr.
Jul 9, 2024
I am proud to have worked with my fellow members of this committee to pass the bipartisan FAA Reauthorization Act of 2024, which contains many provisions that are aimed at addressing our aviation workforce needs.
Jul 22, 2024
Thank you to our witnesses today for their testimonies, which provide an honest and sobering insight into the state of rail safety today in America.
Jun 26, 2024
This week, I, along with Representative Mikie Sherrill, led the New Jersey delegation in sending you a letter, here, highlighting our concerns with persistent delays in Amtrak's failure to adequately address these issues.





