FHFA extends HARP to 2015. Extending the program will continue to provide borrowers opportunities to refinance, give clear guidance to lenders and reduce risk for Fannie Mae, Freddie Mac and taxpayers. To be eligible for a HARP refinance homeowners must meet the following criteria: – The loan must be owned or guaranteed by Fannie Mae or Freddie Mac.
FHFA Extends HARP to 2015. This story appeared in Bank Digest. The FHFA announced on April 11, 2013, that it has directed fannie mae and Freddie Mac to extend the home affordable refinance Program by two years to Dec. 31, 2015. The program was set to expire Dec. 31, 2013.
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In 2013, FHFA extended the deadline for HARP to Dec. 31, 2015 and launched a nationwide campaign to educate eligible homeowners to encourage greater participation. The campaign inc ludes a new website.
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The comment period which was set to end on November 12, 2014, which is 60 days from the date it was published in the Federal Register, will now end on January 12, 2015. FHFA gave as its reasons for.
Prepared Remarks of Melvin L. Watt Director FHFA at Greenlining Institute 22nd Annual Economic Summit. For that reason, when FHFA imposed a $30 billion cap on each enterprises’ multifamily purchase volume for 2015, we made exceptions to the cap for certain affordable multifamily loan purchases.
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. FHFA Extends HARP to 2015 Washington, DC – 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.
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. The program was set to expire December 31, 2013.
The Federal Housing Finance Agency (FHFA) has just extended President Obama’s Home Affordable Refinance Program (HARP) through December 31, 2015. This Program, specific to homeowners with mortgages.