All posts tagged: refinancing

Proposed Changes to the Home Affordable Refinance Program

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WRE/Mercer Island Blogs

Erik Hand, president of Windermere Mortgage Services, penned a blog post about the proposed Home Affordable Refinance Program (HARP) changes announced by Federal Housing Finance Agency (FHFA), Fannie Mae, and Freddie Mac on October 24th. Mr. Hand notes that the final document will not be released until Nov. 15th, 2011, but the following enhancements to HARP were discussed in the announcement on the 24th : ■ No Loan-to-Value Limit: Under the current program borrowers are […]