FHFA extends HARP to 2015

The Federal Housing Finance Agency on Thursday extended the government’s Home Affordable Refinance Program for an additional two years through 2015. The program was set to expire at the end of this year. Ed DeMarco, the acting fhfa director, said the program would allow more underwater borrowers.

The federal housing finance agency (fhfa) today directed Fannie Mae and Freddie Mac to extend the Home Affordable Refinance Program (HARP) by two years to December 31, 2015. The program was set to expire on December 31, 2013. To be eligible for a HARP refinance, homeowners must meet the following criteria:

Moody’s: HFA single-family bond financing will increase Moreover, in an event of default scenario, it is at the discretion of the servicer or trustee whether to apply the cash that is trapped in the cash collateral account to pay down the bonds. ratings.El Paso receives $75,000 grant to fix foreclosed homes As always, the why behind your opinion is what we are truly interested in so make sure to show your work (an homage to The Fix’s many math teachers of yore) in the comments section below. The best and.Senators press for mass mortgage refi plan Refinancing Plan Will Be Fully Paid For By a Portion of Fee on Largest Financial Institutions: The Administration estimates the cost of its refinancing plan will be in the range of $5 to $10 billion, depending on exact parameters and take-up. This cost will be fully offset by using a portion of the President’s proposed Financial crisis responsibility fee, which imposes a fee on the largest financial.

Old Second Residential Lending division has positioned itself to accommodate the Home Affordable Refinance Program (HARP). The Federal Housing Finance Agency (FHFA) directed Fannie Mae and Freddie Mac to extend HARP by two years to December 31, 2015.

FHFA Extends HARP Through 2015. by Peter Thomas Ricci April 12, 2013. It’s been a bumpy ride for the FHFA, figuring out its HARP program, but with refinancings now in full swing, it has decided to extend the program.

The Federal Housing Finance Agency (FHFA) recently directed Fannie Mae and Freddie Mac to extend the Home Affordable Refinance Program (HARP) by two years to Dec. 31, 2015. The program was set to expire Dec. 31, 2013. In addition, FHFA will soon launch a nationwide campaign to inform homeowners about HARP.

In what is surely the most ironic housing development thus far in 2013, the FHFA has announced that it will extend the government’s Home Affordable Refinance Program, or HARP, through 2015, a refinancing initiative that, despite early slip-ups, has proven enormously popular with homeowners.

WASHINGTON – The Federal Housing Finance Agency said Thursday that the home affordable refinancing program will be extended. the Enterprises," fhfa director mel watt said in a press release. But.

FHFA Extends HARP Through 2015. by Peter Thomas Ricci April 12, 2013. It’s been a bumpy ride for the FHFA, figuring out its HARP program, but with refinancings now in full swing, it has decided to extend the program.

FHFA Extends HARP by 2 Years, Through 2015. The program, which will now expire on December 31, 2015, has assisted more than 2.2 million borrowers to refinance since its inception in April 2009, however nearly half of those homeowners have accessed the program in the last 15 months. Loans through the program were originally capped at an LTV.