This week, the Senate Banking Committee held a hearing titled, "New Ideas for Refinancing and Restructuring Mortgage Loans," discussing the future of mortgage financing in America.Click to continue

U.S. Sen. Barbara Boxer (D-CA) has introduced the Helping Responsible Homeowners Act of 2011, which would remove barriers that are preventing non-delinquent borrowers from refinancing their mortgages and taking advantage of historically low interest rates. The legislation aims to help borrowers who continue to make their mortgage payments on time, but whose homes have lost value during the real estate crisis.Click to continue