Tag Archives: FHFA

Feds Extend HARP Refinance Program

Feds Extend HARP Refinance Program to 2015 and offer a life raft to underwater homeowners Click for FHFA Extension Announcement Click for qualifications HARP Website  

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NO Principal Reduction for Fannie Mae & Freddie Mac Loans

Fannie Mae and Freddie Mac Loans Will NOT be Allowed to do Principal Reduction for Loan Modifications under the Home Affordable Modification Program (HAMP). Click Here to Read More

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Fannie & Freddie Are Accelerating Short Sales

Loan servicers must make short sale decisions within 30 days starting in June. The Federal Housing Finance Agency (FHFA) has directed Fannie Mae and Freddie Mac to develop enhanced strategies for [..]

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Investigation peers into foreclosure problem depths

Now-settled mortgage servicing violations permeated every step of the foreclosure process and were monitored by top executives across the entire industry, according to findings released by the Department [..]

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Federal plan to make short sales shorter

For home sellers, buyers and real estate brokers hoping for breakthroughs on simplifying short-sale transaction and timelines, this may not be the proverbial silver bullet, but it’s definitely [..]

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Housing Scorecard Shows HAMP Modified Loans Saving Borrowers an Average of $525 Monthly

Wed, 2011-10-05 16:48 — NationalMortgage Professional Magazine The U.S. Department of Housing & Urban Development (HUD) and the U.S. Department of the Treasury have released the September edition [..]

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Analysis: Little-known bureaucrat is most powerful man in housing policy

By  Brad Plumer and Ezra Klein, Published: August 30 – Washington Post The most powerful man in housing policy today isn’t President Obama. It’s not Treasury Secretary Timothy [..]

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