Tag Archives: HARP
10 million homes upside-down
About 1.7 million homes regained equity in 2012. Now we only have another 10 million to go. Continue reading
#MyRefi: HARP 3.0 goes viral
The Obama administration is proposing HARP 3.0, a mortgage refinancing plan intended to simply the refinancing process. Continue reading
HARP a cash cow for banks?
Critics accuse the largest mortgage servicers of charging HARP borrowers higher rates. Continue reading
HARP a cash cow for banks?
Critics accuse the largest mortgage servicers of charging HARP borrowers higher rates. Continue reading
Underwater? You’re not alone
Here are some not-so-fun facts on borrowers who owe more on their mortgages than their houses are worth.
About 10.7 million homes in the United States were underwater in the last three months, compared to 10.9 million in the last quarter, shows a repo… Continue reading
HARP 2 details emerge
For underwater homeowners who want to refinance their mortgages, the details of HARP 2 are coming into focus.
HARP 2 is a liberalized revision of the Home Affordable Refinance Program. (See Bankrate’s HARP page.) HARP’s goal was to allow homeowners to … Continue reading
HARP 2 details emerge
For underwater homeowners who want to refinance their mortgages, the details of HARP 2 are coming into focus.
HARP 2 is a liberalized revision of the Home Affordable Refinance Program. (See Bankrate’s HARP page.) HARP’s goal was to allow homeowners to … Continue reading
New HARP refinance announced
An improved refinance program that is expected to allow millions of underwater borrowers to refinance their mortgages was just announced.
Borrowers will be able to refinance their mortgages owned by Fannie Mae and Freddie Mac under the Home Affordable … Continue reading
Fed to buy mortgages again?
The Fed may switch gears into riskier territory to support a plan that could push mortgage rates even lower than they are now, in an effort to spur refinances, help underwater borrowers and boost the housing market.
I know, you’re tired of hearing abou… Continue reading
Massive refinance plan on the way?
The Obama administration is discussing a massive refinance plan to help millions of homeowners refinance at today’s historically low rates and avoid foreclosures, The New York Times reported this week.
Wait, wasn’t that what HARP was supposed to have d… Continue reading