HARP is nearing its end: If you're underwater, its time to refinance now

Posted on Sep 1, 2014 in HARP Refinance

Mid-Day Movers – Federal Home Loan Mortgage Corp (OTCBB:FMCC), physician sick BASF
Las Vegas, capsule NV – August 29, 2014 — (Tech Sonian) –Federal Home Loan Mortgage Corp (OTCBB:FMCC)recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates largely unchanged amid mixed …
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What Lies Ahead For Fannie Mae And Freddie Mac
The profitability of the companies is driven by two factors: new home sales, and the mortgage rates prevalent in the market. Annual new home sales, which had been recovering after the financial crisis, have seen a bit of slump in recent times. The …
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New federal mortgage rules impacting qualified homebuyers
Qualified homebuyers are finding it more difficult to finance a mortgage under new federal regulations that have made some banks reluctant to take a risk on them. Proving they an afford a home loan is the most significant change, according to Mike …
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HAMP helps Hanna save her home
Over the past several years, ask I've looked at President Barack Obama's signature mortgage relief program, capsule the Home Affordable Modification Program, as both good news and bad news. The good news is that it can lead to extraordinary mortgage relief for …
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New York AG Files Suit Against Florida and New York Loan Mod Firms
Through frequent radio advertisements and their website, they falsely represent that they are affiliated with the United States Treasury Department's Home Affordable Modification Program (HAMP), that they have the ability to “pre-qualify” homeowners …
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HARP is nearing its end: If you're underwater, thumb its time to refinance now
Debating whether to refinance? If you owe more on your mortgage loan than what your home is worth, try you might be running out of time. That's because the federal government's Home Affordable Refinance Program — better known as HARP- is scheduled to …
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WATCH: FHFA Director Watt ensures HARP is "not a scam”
So far, 3.1 million mortgages have refinanced through HARP, but many of the consumers left who can refinance are staying out of the market due to fear. “HARP is designed to reward those borrowers who are the most committed in this country. This is not …
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