Pres. obama was putting into plan a way to help people refinance homes with lower mortgage rates. what happend?

he was starting a program where lenders get paid to help people with high mortgages get lower mortgages. how can we find out about this program and if it is in effect nowPres. obama was putting into plan a way to help people refinance homes with lower mortgage rates. what happend?
It has been shown that the vast number of uncreditworthy people who re-finance with more favorable rates re-default within six months. They're trying to clear the decks not push the trash back a half-year.Pres. obama was putting into plan a way to help people refinance homes with lower mortgage rates. what happend?
The Congress wouldn't back his plan.
Rates on 30-year mortgages fell last week to the lowest level on record, what more do you want? A free house?

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