Looking back, the housing industry is totally Scrooged

Looking back, the housing industry is totally Scrooged

Here's the HousingWire/Star Wars Christmas 2014 special

FHA loans could face "tidal wave of defaults"

All indices hit series high

Another mortgage lender launches 3% down loan

Falls in line with FHFA
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Items Tagged with 'HARP'

ARTICLES

AmeriSave Mortgage joins 97% LTV pioneer club

Lender jumping into Fannie’s lower down program
Trey Garrison
Only a handful of lenders so far have jumped on board the 97% LTV train, and AmeriSave Mortgage is the latest. Here's why they think it's a good choice.
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Fannie Mae explains 6 ways to push borrowers to refi

Time is running out
Brena Swanson
The FHFA continues to drill into homeowners that the Home Affordable Refinance Program and the Home Affordable Modification Program are not scams. To help push borrowers along, Robert Koller, director of credit risk management with Fannie Mae, gave six quick facts that could make all the difference to getting people to refinance.
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WATCH: FHFA Director Watt ensures HARP is "not a scam”

800,000 families still eligible for HARP
Brena Swanson
There are still 800,000 families nationwide that could benefit from the Home Affordable Refinance Program, but many of the eligible consumers left are staying out of the market due to fear.
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Here's how HARP misses the mark

5 years later and steady rate declines
Brena Swanson
While HARP is there to help the borrowers that were reliable during the financial crisis, there is one big problem in the program.
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HARP remains set to expire in 2015

Rumors of extensions doused
Brena Swanson
Respite industry speculations, Federal Housing Finance Agency Director Mel Watt did not extend the Home Affordable Refinance Program Tuesday.
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HARP to extend until 2016?

Falls in line with HAMP
Brena Swanson
At the end of June, U.S. Treasury Secretary Jacob Lew announced the extension of HAMP until at least Dec. 31, 2016. Now there is debate over whether or not the same extension will be applied to HARP.
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FHFA: Are you eligible for HARP?

Chart shows massive amount of eligible borrowers left
Brena Swanson
In the first quarter of 2014, the number of mortgages refinanced through the program was 76,930. Meanwhile, in the state of Florida alone, there are 82,435 loans eligible for HARP now. But the FHFA is quickly shifting into overdrive to change this.
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Did HARP fail 8 million homeowners?

President's "big deal" headed for a big flop
In his 2012 State of the Union address, President Barack Obama hinted at expanding HARP to include non-Freddie Mac and Fannie Mae loans. The plan could help more than 11.4 million borrowers refinance and save an average $3,000 a year on mortgage payments. It never happened.
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Timothy Geithner tries to spin White House housing efforts

But even progressive media aren’t buying what he’s selling
Trey Garrison
Former Treasury Secretary Timothy Geithner said that the Obama Administration “tried to do as good a job as we could in our limited authority.” For critics on both the right and left, the White House's best wasn't good enough.
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Fewer mortgage defaults drive MGIC profit

Expenses are also down at mortgage insurer
Jacob Gaffney
"I feel the company is in an excellent position to take advantage of the housing recovery," said Curt Culver, CEO of MGIC.
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