Senator Isakson’s Support for the Obama Mortgage Refinance Plan

November 13, 2011 at 8:13 am in Accountability, GAN, John H. Isakson, News, Senate by Mark · Tags: , , , , , , , , , ,

U.S. Sen. Johnny Isakson (R-GA) has announced his support for executive actions recently proposed by the Obama Administration and Federal Housing Finance Agency, which would aid millions of borrowers with non-delinquent but “underwater” Fannie Mae or Freddie Mac-backed mortgages to refinance their mortgages at historically low interest rates. The proposed Obama plan draws many elements…