The Federal Housing Finance agency directed fannie mae and Freddie Mac to extend the Home Affordable Refinance Program by two years to Dec. 31, 2015.The program. FHFA extends HARP to 2015 Sign In
FHFA Extends HARP to 2015. This story appeared in Bank Digest. The FHFA announced on April 11, 2013, that it has directed Fannie Mae and Freddie Mac to extend the Home Affordable Refinance Program by two years to Dec. 31, 2015. The program was set to expire Dec. 31, 2013.
In what is surely the most ironic housing development thus far in 2013, the FHFA has announced that it will extend the government’s Home Affordable Refinance Program, or HARP, through 2015, a refinancing initiative that, despite early slip-ups, has proven enormously popular with homeowners.
The Federal Housing Finance Agency (FHFA) has directed Fannie Mae and Freddie Mac to extend the Home Affordable Refinance Program (HARP) by two years to Dec. 31, 2015. The program was set to expire at the end of this year. In addition, the FHFA says that it will soon launch a nationwide campaign to.
HARP was on track to be shuttered at the end of 2016, but the FHFA said last week that it intended to extend the crisis-era refinance program until Sept. 30, 2017 in order to “create a bridge” to a.
FHFA Extends HARP Program through 2015 The Federal Housing and finance agency (fhfha) has announced that it will extend the Home Affordable Refinance Program (HARP) by two years through December 31, 2015.This is great news for millions of homeowners with mortgages that are still underwater or have little-to-no equity because of the massive.
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FHFA extends HARP to 2015. Industry News. Tuesday, April 16, 2013. Have you become accustomed to the high volume of refinance transactions the last few years? For myriad reasons, that volume will most likely not continue, however, the Federal Housing Finance Agency has no plans to end the Home.
The FHFA says these borrowers could save, on average, as much as $200 per month on their mortgage payments, or $2,400 per year, by participating in the program. The report reveals an interesting.
The HARP deadline has been extended several times in the past. This (presumably) last extension allows the HARP program to provide a bridge to the FHFA’s new High LTV Streamlined Refinance Programs.