Last month, I directed my economic team to work with the Federal Housing Finance Agency -- or FHFA -- and their partners in the housing industry to identify barriers to refinancing, knock those barriers down, and explore every option available to help many American homeowners to refinance.
The President also expressed his concern for the potential severe weather in the area over the coming days, and directed his team to provide any additional support available to state and local partners as they work to ensure affected communities are prepared ahead of the severe weather.