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The Federal Housing Finance Agency (FHFA) announced it eased the requirements as well as extended the Home Affordable Refinance Program (HARP) to December 31, 2013 from the current expiration date for the program of June 30, 2012. According to FHFA, as of August 31, 2011, nearly 894,000 borrowers have been refinanced through HARP Continue reading… Home Affordable Refinance Program (HARP) Guidelines Eased and Deadline Extended The Federal Housing Finance Agency (FHFA) announced it has extended the Home Affordable Refinance Program (HARP) to June 30, 2012. The HARP program was scheduled to end June 30, 2011. This program is designed to help homeowners whose homes have lost value. Through 2010 there have been 621,803 HARP refinances with loan amounts from 80 percent Continue reading… Home Affordable Refinance Program (HARP) Extended One Year To alleviate some suffering by homeowners, the Obama Administration introduced the “Making Homes Affordable” plan last March. Unfortunately, the plan has not yet had the intended effect. Article by the Grand Law Firm Economists debate whether or not the country is actually currently in a recession. Some say that there are positive signs that we have reached Continue reading… Mortgage Programs Fall Short in Keeping Homeowners out of Foreclosure |
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