A guide to administration’s new mortgage-refi plan

A guide to administration’s new mortgage-refi plan

“Two big questions loom over the Obama administration’s latest bid to help troubled homeowners: Will it work? And who would benefit?

By easing eligibility rules, the administration hopes 1 million more homeowners will qualify for its refinancing program and lower their mortgage payments — twice the number who have already…

Here are some of the major questions and answers about the administration’s initiative:”

Read Story on The Seattle Times…