Sentence examples for refinancing borrowers from inspiring English sources

By refinancing, borrowers can often reduce their monthly payments or the length of a loan; sometimes they can do both.

In February 2008, he argued for the creation of a large program for refinancing borrowers, along lines similar to the Depression-­era Depression-­era Home Owners Loan Corporation

When deciding between a 15- and 30-year mortgage for refinancing, borrowers should also take a broad look at other expenses, said Karen C. Altfest, the executive vice president of Altfest Personal Wealth Management in Manhattan.

"Investors are willing to put real money on the table toward refinancing borrowers from bad mortgages into good mortgages," said Micah S. Green, a partner based in Washington at the law firm Patton Boggs, who represents a consortium of institutional mortgage holders.

These days, the dialogue with refinancing borrowers is decidedly different.

The federal government encourages mortgage companies to refinance borrowers whose debts exceed 80 percent of the value of their homes by instructing Fannie Mae and Freddie Mac to buy the new loans and to relax some of their usual conditions and safeguards.

Known by the acronym SAM, for "shared appreciation mortgage," the loan can also be used to refinance borrowers' current homes or to move up to a more expensive home.

The proposed legislation suggests that policymakers consider using the Federal Reserve, Federal Home Loan Banks, and Federal Financing Bank -- a government corporation that borrows from the treasury and lends to agencies and borrowers with government guarantees -- as sources of credit to refinance borrowers.

"We spend a lot of time here at the board thinking about different plans for refinancing subprime borrowers or other borrowers into sustainable mortgages," said Mr. Bernanke at the October meeting.

There will be, he added, refinancing for borrowers "stuck in high interest loans" and reductions in loans for families that owe more than their homes are worth.Many of the key issues in the settlement remain unclear.

Refinancing among borrowers with loans that are more than 105 percent of their home's value has increased to 41,000 during the first quarter, up from 13,000 in the fourth quarter.