The Home Affordable Refinance Program (HARP) has arguably been one of the most successful programs to assist homeowners affected by the subprime mortgage crisis. The HARP website claims that over 3.4 ...
A popular government program enabling underwater borrowers who are current on their home mortgages to refinance at lower rates will be extended for two more years. The Obama administration’s HARP — ...
A Fannie Mae loan program to help low-equity homeowners refinance was paused in January 2023, five years after it replaced the federal government’s HARP refinance. In March 2009, the federal ...
In the wake of the housing crisis and plunging home values, too many Americans were left owing more on their homes than the homes were worth – leaving them "underwater" with loan-to-value (LTV) ratios ...
During a press conference held in Las Vegas July 1, United States Housing and Urban Development Secretary Shaun Donovan announced an expansion of the Obama Administration's Home Affordable Refinance ...
The HARP program helped borrowers who had mortgage loan balances that exceeded their property value by allowing them to refinance their loan—ideally, at a lower rate. However, this program expired at ...
Many homeowners have heard of HARP, the Home Affordable Refinance Program, which was introduced a few years ago to help?homeowners who were “upside down” on their mortgages to refinance and take ...
A federal lending agency on Monday announced plans to ease refinancing requirements for homeowners whose houses have lost much of their value. The changes will give more homeowners the chance to take ...
The Federal Housing Finance Agency announced it extended the Home Affordable Refinance Program until Sept. 30, 2017 in order to create a smoother transition period for a new refi product it is ...
ANN ARBOR, Mich., May 27, 2021 /PRNewswire/ -- Homepoint, one of the nation's leading mortgage originators and servicers, is making it easier for eligible low-income borrowers to take advantage of ...