United States Senators Barbara Boxer (D-CA) and Johnny Isakson (R-GA) joined eight of their colleagues in urging the Obama Administration to ensure that the greatest number of borrowers possible are able to take advantage of the newly-announced housing reforms to streamline the refinancing process and reduce costs. Specifically, the Senators requested that the proposed reforms be extended to higher equity borrowers with non-delinquent Fannie Mae or Freddie Mac-backed loans, arguing that these borrowers should have the same access to simple, low-cost refinances as those targeted by the Click to continue
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