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Aid program for underwater homeowners expanding statewide after Portland-area pilot

A state program designed to help underwater homeowners will be expanded statewide after an eight-month pilot test in the Portland area, officials said Wednesday. The Rebuilding American Homeownership Assistance Pilot Program allows participating homeowners to refinance, lowering their monthly payment or paying down their loan more quickly, even when their homes are worth less than their mortgage debt. Read More Here…

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