A HARP 2.0 Refinance and Mortgage Insurance When the HARP program originally started in 2009, the government encouraged the refinance of loans that had MI. However, there was some reluctance on the part of Mortgage Insurance Companies because of the way the program had been written. In (more…)
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22
Feb
2012
Mortgage Insurance and HARP 2.0 Refinance
04
Jan
2012
WSJ: Twelve Questions on Obama’s Refi Plan.
Here is the Wall Street Journals take on the new HARP Conventional Streamline Refinance By Nick Timiraos Associated Press The Obama administration is changing a refinancing program so that more underwater borrowers can qualify. The Obama administration is revamping a program that’s designed to let more homeowners (more…)
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20
Nov
2011
HARP Loan Program Update
The President’s New Plan for Homeowners( HARP Refinance Program ) You may have heard that President Obama plans to open up refinancing to more homeowners who are underwater. If you’ve been hearing questions about this program or are just curious about what the plan involves, here are (more…)
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19
Nov
2011
FHFA Gives HARP Streamline Refinance New Hope
The Federal Housing Finance Agency (Fannie Mae and Freddie Mac’ governmental regulatory agency) detailed its plans to expand the Home Affordable Refinance Program (HARP Conventional Streamline Refinance). These changes are a reflection of President Obama’s recent speech illustrating pending improvements to the program. Some of the Main (more…)
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The federal government on Monday announced new rules that would allow many more struggling borrowers to refinance their mortgages at today’s ultra-low rates, reducing monthly payments for some homeowners and potentially providing a modest boost to the economy. The Federal Housing Finance Agency, working with the Obama (more…)
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