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19 March 2013
A group of state attorneys general are calling for the replacement of Federal Housing Finance Agency head Edward DeMarco, saying his refusal to allow mortgage principle reductions is unduly prolonging the foreclosure crisis.
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5 March 2013
A new business entity intended as an eventual successor to Fannie Mae and Freddie Mac will be launched this year by the Federal Housing Finance Agency (FHFA), the acting director of the agency has announced.
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26 February 2013
Fannie Mae and Freddie Mac would be totally eliminated to make room for an expanded role for private capital in the U.S.mortgage market, under a plan released today by a major centrist think tank.
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17 September 2012
Fannie Mae and Freddie Mac are making it easier for borrowers with irregular income to refinance their mortgages through HARP, as long as they have other financial assets to draw upon.
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4 September 2012
Fannie Mae and Freddie Mac will raise the fees they charge to guarantee single-family mortgages, beginning this fall, the Federal Housing Finance Agency has announced.
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4 June 2012
Mortgages refinanced under the federal HARP program nearly doubled in the first quarter of the year, following the announcement of new program guidelines last fall.
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17 March 2012
If you haven't been able to refinance[https://www.mortgageloan.com/refinance-mortgage] your underwater mortgage yet, now might be the time to do it.
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10 February 2012
The federal HARP mortgage refinance program can be a huge boon for underwater homeowners.But if you have PMI, there's a little hitch you should know about.
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8 February 2012
Recent changes to HARP mean that some 6.7 million homeowners will be eligible to refinance their mortgage to a lower interest rate under the government-backed program.
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31 January 2012
Should you buy a foreclosed home? The savings can be huge, but so can the hassles and pitfalls.Here are a few tips for first-time foreclosure buyers to make sure the experience is a rewarding one.
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13 December 2011
A handful of lucky homeowners have been able to reduce their mortgage debt by nearly one-third under a little-noticed provision of the government’s Home Affordable Modification Program (HAMP).
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12 December 2011
A new proposal floated in Congress last week would tax mortgage borrowers to cover an extension of the payroll tax cut.
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1 December 2011
December 1 is when lenders are scheduled to begin implementing the new HARP guidelines for refinancing underwater mortgages.But you might not be able to refinance that underwater loan just yet.
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16 November 2011
Homeowners can start applying to refinance their underwater mortgages under new HARP guidelines as soon as Dec.1, according to new program rules released late yesterday.
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15 November 2011
Hoping to qualify for a government-backed refinance of an underwater mortgage under the new rules for the Home Affordable Refinance Program (HARP)? Better act fast.
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24 October 2011
Homeowners will soon be able to refinance their mortgages, no matter how far underwater they are, under new guidelines to the Home Affordable Refinance Program (HARP) announced today.
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27 June 2011
A scheduled reduction in mortgage limits on government-backed loans could make about 1.4 million U.S.home ineligible for the most affordable and accessible types of mortgages, according to the National Association of Home Builders (NAHB).
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7 June 2011
The government's Home Affordable Refinance Program (HARP) posted its second-strongest quarter on record during the first three months of the year, enabling 130,000 homeowners with limited or no equity to refinance their mortgages.
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1 March 2011
Fannie Mae and Freddie Mac may not be going away anytime soon, but the mortgages they back are going to get more expensive over time.
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14 February 2011
The Mortgage Bankers Association (MBA) is calling for significant revisions to the government's plodding HARP mortgage refinance initiative to make it more available to underwater homeowners.
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