Making Homes Affordable Update

The Obama Administration today announced a new mha-2nd-lien-program to help homeowners modify or extinguish piggyback and other second mortgages.

There were also changes announced that might help homeowners who are underwater better refinance through the FHA Hope for Homeowners program.  Here is a link to the Treasury press release:

http://www.treas.gov/press/releases/tg108.htm.