WATCH: FHFA Director Watt ensures HARP is not a scam”

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LPS: December home prices rose 5.8% annually HomeStar Property Solutions officially opens texas office watch: fhfa Director Watt ensures HARP is not a scam" The Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (GSEs) will implement a new refinance offering aimed at borrowers with high loan-to-value ratios. Because this new offering will not be available until October 2017, the FHFA is extending the Home Affordable Refinance Program (HARP) through Sept. 30, 2017.

The Federal Housing Finance Agency (FHFA) was established by the Housing and Economic Recovery Act of 2008 (HERA) and is responsible for the effective supervision, regulation, and housing mission oversight of Fannie Mae, Freddie Mac (the Enterprises) and the federal home loan bank System, which includes the 11 federal home loan Banks (FHLBanks.

WATCH: FHFA Director Watt ensures HARP is not a scam" Judge approves Citigroup’s $730M settlement with bondholders A Manhattan federal judge on Monday signalled he will not rubber-stamp Citigroup Inc’s proposed 0 million (387.5 million pounds) settlement of a shareholder lawsuit accusing it of hiding tens.Dc Fawcett Scam Based on what the FHFA Director says, HARP is not a scam .. It is important to understand what HARP is, HARP stands for home affordable refinance program.

HARP Outreach Event Highlights - Detroit, MI Watt is right – HARP is not a scam. In fact, I have a friend who is in the program and he says it helped him save his house. The FHFA’s challenge is that there is a high number of HARP-related scams in the marketplace, which in turn is making some people think the program might be a scam.

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FHFA established the Suspended Counterparty Program (SCP) to help address the risk to Fannie Mae, Freddie Mac, and the Federal Home Loan Banks presented by individuals and entities with a history of fraud or other financial misconduct.

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WATCH: FHFA Director Watt ensures HARP is not a scam" "Your deeds, Mr. President – neglecting the needy to coddle the rich, desecrating the environment, and misleading the country into war – do not exemplify the faith we live by. "Moreover, many of.