Mortgage Relief in Oakland, Piedmont & The Bay Area

Mortgage Relief Piedmont Oakland San Francisco Bay Area

Article in the San Franciso Chronicle yesterday explaining the proposed Ammendment by Jackie Speiers to allow the majority of Bay Area homeowners in need of mortgage assistance to qualify for President Obama’s Economic Stimulus Plan.  

Arn Cendella, Coldwell Banker/Menlo Park provides a useful guide writen by Diane Tuman at Zillow.

 


2 Responses to “Mortgage Relief in Oakland, Piedmont & The Bay Area ”

  1. 1 Arn Cenedella

    Good find Julie!

    Obama’s refi plan will not help many people around here unless the limit for eligible Obama refi loans is raised.

    Let’s see if Jackie Speier’s proposal gains much traction in Washington.

    The other issue to keep an eye on is Obama’s latest proposal to reduce the deductibility of home mortgage interest for high income earners.

    Arn

  1. 1 Jackie Speier proposers to raise Obama refi limit from $417,000 to $729,500 | San Francisco Peninsula Real Estate

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