Just curious

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Has anyone found out any info on the new refince afforiblity plan that Obama has launched March 4th? The few things I have found to read about it makes it sound like only 1st mrtages can be refinaced. So I'm not sure if my situation applies. I have 2 Mortgatges and I am current on both but my value is less than what I owe so in that sense I believe I qualify but it is my secound motgage that I would need to refinance not my first. Which is where my confusion comes in. So I was just wondering if anyone has gotten more info on the guidelines of the plan. Thanks