ATTENTION HOMEOWNERS:

The Facts About President Obama's
Homeowner Affordability and Stability Plan

President Obama's Homeowner Affordability & Stability Plan...

• IS a starting place...
• IS NOT a magic bullet...
• WILL help some people...
• WON'T help others.
• Here are the FACTS you need to know...

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WHO IS IT FOR?
A. The program is designed to help homeowners--over the next three years only--that have adjustable rate mortgages move into fixed rate mortgages without prepayment penalties, so if you've got a mortgage with an interest rate of 7% or 8%, and you've been having a hard time refinancing... this may help.