FHA Offers New Refinancing Program For 'Underwater' Mortgage ...
FHA loans. A new program modifies the Making Home Affordable program and the FHA's own refinancing programs, allowing FHA lenders to offer FHA .
http://www.fha.com/fha_article.cfm?id=176

Underwater refinance options
Refinancing options for so-called "underwater" mortgages are limited because most lenders require some equity in the property -- ideally about 20 percent.
http://www.bankrate.com/finance/refinance/refinance-options-when-you-re-underwater-1.aspx

2 refinancing options if you're underwater - MSN Real Estate
Homeowners whose mortgage balance exceeds the current property value know the futility of trying to refinance. Refinancing options for so-called "underwater" .
http://realestate.msn.com/article.aspx?cp-documentid=23397161

• Refinance Underwater Mortgage Help- Build Equity in Upside Down ...
  Jun 8, 2012 . http://refinanceunderwatermortgagehelp.com Refinance Underwater Mortgage Help. Are you a homeowner who has an underwater mortgage .
  http://www.youtube.com/watch?v=CwG1hIOu6zM

• Roadblock to Mortgage Refinancing - Businessweek
  Jul 26, 2012. tried to refinance his mortgage last summer to reduce his 6 percent interest . It removed the limit on how far underwater a borrower could be.
  http://www.businessweek.com/articles/2012-07-26/roadblock-to-mortgage-refinancing

Underwater Mortgage Refis Get Fresh Push in Congress - US - CNBC
Sep 10, 2012 . As of July, 22.4 percent of homeowners with a mortgage owed more than . Mac to refinance to lower rates even if they are deep underwater.
http://www.cnbc.com/id/48973237/Underwater_Mortgage_Refis_Get_Fresh_Push_in_Congress

Underwater borrowing: Mortgage refinance program picks up steam ...
Sep 2, 2012 . Home Affordable Refinance Program. What: A government program known as HARP that makes it easier for homeowners to refinance to .
http://www.courier-journal.com/article/20120901/BETTERLIFE06/309010004/Underwater-borrowing-Mortgage-refinance-program-picks-up-steam