White House to Host Google+ Hangout to Explain Refinancing Program to Homeowners

By Devon Glenn 

The White House is hosting a Google+ Hangout on Air to discuss mortgage refinancing options with homeowners. Secretary of Housing and Urban Development Shaun Donovan will join the hangout moderated by the real estate marketplace Zillow, Inc. at 3:15 p.m. EDT on Thursday, July 12th.

Topics include the Home Affordable Refinancing Program (HARP) and President Obama’s proposed plan to simplify refinancing options for homeowners who are current on their mortgage payments, even if their loans are underwater.

“Zillow is thrilled to moderate this Google+ Hangout and connect homeowners directly with the White House,” said Zillow CEO Spencer Rascoff in a statement. “Refinancing is top of mind for many homeowners, including the 31 percent with mortgages who are in negative equity. But it can be a complicated process, and we’re pleased to have Secretary Donovan answering their questions.”

Several homeowners will also participate in the conversation.The hangout will take place live on WhiteHouse.gov/live, as well as on the White House Google+ page. You can submit questions and comments on Zillow’s Facebook page and on Twitter under the hashtag #WHHangout.