WASHINGTON (May 24, 2012) – A proposed bill to streamline and align the refinance processes of Fannie Mae and Freddie Mac may soon make it easier for homeowners who are current on their mortgage payments but who have been previously unable to refinance to finally take advantage of record low interest rates.

NAR President Moe Veissi testified today before the Senate Banking, Housing and Urban Affairs Committee in support of the “The Responsible Homeowner Refinancing Act of 2012,” introduced… Read More