Bill Would Extend, Expand HARP Refinance Opportunities

Posted on Feb 20, 2013 in HARP Refinance

HomeRefinance Plan by Government Tops 2 Million
… FMCC, information pills more about XHB, medical XLF · Tweet. NEW YORK (TheStreet) — The government's Home Affordable Refinance Program (HARP) has helped a little over 2 million borrowers refinance their mortgages at lower rates, the Federal Housing Finance Agency said Tuesday.
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Want a Stronger Economic Recovery? Encourage More Home Refinancing
Finding ways to encourage refinancing is good policy. The Federal Reserve has done its part: Its asset purchase programs have helped to lower long-term interest rates to historically low levels. The interest rate on new 30-year fixed-rate mortgages is …
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Refinances surge under Obama program for underwater loans
The number of homeowners refinancing their loans through a popular federal program that allows underwater homeowners to get new rates surged to more than 2 million in November. In November, almost 130,000 homeowners refinanced their loan through the …
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Question by QA Expert: Help how to ask Lender to modified loan terms?
I am in financial diffulty and need help on how to ask lender to change the terms to a more affordable monthly payment without increasing principle balance. Currently pay uptodate, this site no late payment. I’m in california. My lender is Countrywide.
If not, I will go to foreclosure.

Best answer:

Answer by Shawna Marie
If your financial difficulty was caused by a true hardship (loss of job, spouse dies, disability), then the lender might work with you on a hardship program. If not, they can re-write your loan, for LOW costs, but it won’t be no cost. It’s called a stream-line refinance, which Countrywide offers. You need to call Countrywide and speak to a loan rep and ask them about it. In most cases they don’t even require an appraisal. Make sure you do it before you fall behind in your payments. CALL THEM RIGHT NOW!!

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Question by Seeker…: I was wondering if anyone knew anything about USDA mortgage in Maryland? I’m looking for details if possible?
I’m a first time Home buyer ex Realtor and I understand a little bit about it. I did not have my Maryland License but I’m looking to get answers for my Mortgage lender who seems can’t find any??? Thank you for your help, information pills I greatly appreciate feed back

Best answer:

Answer by Doctor Deth
USDA? You mean US Dept of Agriculture? since when do they have anything to do with mortgages?

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A few good large home photos I located:

Building and Expansion at the Large House (University of Michigan, ask Ann Arbor)

Image by cseeman

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Bill Would Extend, information pills Expand HARP Refinance Opportunities
Borrowers with significant home equity will be able to use HARP without facing increased fees. Fannie Mae and Freddie Mac will no longer be able to charge up front fees for refinancing on any property that they already guarantee, approved lowering refinance …
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Loan to Value Too High? Consider a HARP Refinance
By this time, visit web while almost everyone has heard of HARP refinancing, there are still many homeowners who are not aware of its' existence or what it means for them. HARP is the Home Affordable Refinance Program which is designed to refinance underwater …
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