In a 2014 letter, he dubbed the Democrat
federal refinancing proposal as nothing more than a «stunt.»
Additionally, he backed fellow MA Senator Warren's
federal refinancing proposal.
Not exact matches
This would theoretically assist homeowners who could not
refinance to more affordable mortgages after their homes lost significant value, but how well the
proposal will work depends on the ability of the
federal government, mortgage lenders and the secondary mortgage market to cooperate.
A couple of the most popular initiatives included Sen. Bernie Sanders» free college
proposal and Sen. Warren's push for
federal student loan
refinancing.
The
proposal allows subsidized Stafford loans, unsubsidized Stafford loans, and
federal direct PLUS loans to be
refinanced when borrowing rates are reduced.
There have been
proposals to introduce new
federal refinancing rates which would reduce the fixed interest rates of outstanding
federal loans.