Tuesday, October 25, 2011

FHFA, Fannie Mae and Freddie Mac Announce HARP Changes

The Federal Housing Finance Agency, with Fannie Mae and Freddie Mac (the Enterprises), today announced a series of changes to the Home Affordable Refinance Program (HARP) in an effort to attract more eligible borrowers who can benefit from refinancing their home mortgage. The program enhancements were developed at FHFA’s direction with input from lenders, mortgage insurers and other industry participants.
Here are the details:

FHFA, Fannie Mae and Freddie Mac Announce HARP Changes

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