Fannie & Freddie May Enable Millions to Refinance
April 04, 2009 at 22:03 PM EDT
In the past, the federal Fannie Mae and Freddie Mac mortgage programs would only handle loans of up to 80% of your home’s value, unless you bought mortgage insurance. And if you owed more than your home was worth, you were flat out of luck. As of this month, that has changed, according to LA Times. [...]