The Home Affordable Refinancing Program will expire by the end of 2016, barring a renewal. The question is how effective was it? A new white paper explores that, and why it still hasn't met its full potential.
After industry rumors of an extension over the past year, the Federal Housing Finance Agency finally announced it is extending the Home Affordable Refinance Program until the end of 2016. Will this be the last extension for HARP and HAMP?
After a town hall meeting on the Home Affordable Refinance Program on Wednesday, the housing market was left questioning if the program would be extended or possibly even expanded. And the industry was quick to ask FHFA Director Mel Watt to clarify at the Goldman Sachs Housing Finance Conference in New York City the next day.
The Federal Housing Finance Agency continues its tour across the nation to reach homeowners who could benefit from the Home Affordable Refinance Program. This time it will be in Essex County College in Newark, New Jersey, on March 4.
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.
The darlings of 2014, the single-family housing investment and rental businesses, didn’t dominate like last year, but they still had a strong showing. After snagging four of the top five spots on the 2014 HW Fast50, two SFRs placed in the top five in 2015 and three made the top 50..
Bank loyalty is not a factor for borrowers in shopping for a mortgage loan. Borrowers tend to select a mortgage originator based on product, price and their expectation for a convenient transaction process. Read More