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	<title>Christine Monteith on the Pebble Beach Coast &#187; Finance</title>
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	<description>Where the perpetual rocky coast slides into the ocean&#039;s chaotic power.</description>
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		<title>Is this the answer?</title>
		<link>http://pebblebeachcoast.com/archives/148</link>
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		<pubDate>Fri, 06 Mar 2009 00:41:09 +0000</pubDate>
		<dc:creator>Christine Monteith</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Real Estate]]></category>

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		<description><![CDATA[Details of the Home Refinance and Loan Modification program are filtering out to the public. The NY Times article U.S. Sets Big Incentives to Head Off Foreclosures sets a positive tone. The California Association of REALTORS website posts a plan resource guide with links to Eligibility guidelines. This is all dependent on level of cooperation [...]]]></description>
			<content:encoded><![CDATA[<p>Details of the Home Refinance and Loan Modification program are filtering out to the public.  The NY Times article <a href="http://www.nytimes.com/2009/03/05/business/05housing.html">U.S. Sets Big Incentives to Head Off Foreclosures</a> sets a positive tone.  The California Association of REALTORS website posts a <a href="http://www.car.org/governmentalaffairs/federal/hrlmp/">plan resource guide</a> with links to <a href="http://www.financialstability.gov/makinghomeaffordable/refinance_eligibility.html">Eligibility guidelines</a>.  This is all dependent on level of cooperation from the banks and the ability of homeowners to qualify.  If this can stabilize market prices then it could signify &#8220;the bottom.&#8221;</p>
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