Items Tagged with 'Home Affordable Refinance Program'

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Obama administration presents a look at life after HAMP

Feds provide a preview of what's next
Time is ticking on the government's Home Affordable Modification Program and Home Affordable Refinance Program, as both will end on Dec. 31, 2016. In a comprehensive report published Monday, the Treasury, HUD, and the FHFA say that while these programs are set to end this year, the government plans to continue working with the mortgage industry on various loss mitigation programs moving forward, but caution that the industry needs to be prepared to do more.
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Fed’s final push for HARP?

#HARPNow... and then maybe never again
The Federal Housing Finance Agency's Home Affordable Refinance Program is set to expire at the end of 2016. But before it does, the agency will try to reach as many people as possible that can still benefit. There are 367,600 people still eligible, and this new social media campaign should hopefully find them.
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Fannie Mae celebrates 2 million HARP refinances

Marks milestone in mortgage relief efforts
Fannie Mae said Tuesday that it has now helped more than 2 million American households save money, reduce their interest rates, move into more stable loans or shorten their loan terms by refinancing their mortgages under the government’s Home Affordable Refinance Program.
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FHFA: HARP now extended through 2016

Matches HAMP deadline
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?
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HARP to extend until 2016?

Falls in line with HAMP
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
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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3 million refis and counting

The Home Affordable Refinance Program passes a milestone
Demand for the Home Affordable Refinance Program continued to trickle as mortgage rates climbed higher after June 2013. But just how much did this affect refinance volume in 2013?
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