president home refinance program
Obama Mortgage Refinancing Options August 8, 2016 – Some borrowers need Obama mortgage help from the Making Home Affordable (MHA) program because they have fallen behind on their mortgage payments and don’t know what their options might be.
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The Obama refinance is one of today’s most powerful tools available to you as an underwater homeowner. But there’s a lot of confusion around the program so let’s take it from square one. What’s commonly known as the Obama refinance or Obama mortgage has an official name: the Home Affordable Refinance Program, or HARP.
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The Home Affordable Refinance Program is a federal program of the United States, set up by the Federal Housing Finance Agency in March 2009, to help underwater and near-underwater homeowners refinance their mortgages. Unlike the home affordable modification program, which assists homeowners who are in danger of foreclosure, this program benefits homeowners whose mortgage payments are current, but who cannot refinance due to dropping home.
What effect will President Trump have on mortgages? So, what effect will Donald Trump’s election have on mortgages and people who are looking to buy or refinance a home? The real estate magnate said fairly little about the housing market during his campaign, but his stance on cutting regulations and rolling back Obama initiatives give some.
The Home Affordable Refinance Program is designed to address this. Government Refinance Assistance – New Government Refinance and home purchase programs Now Available [Update – The Fed has been compressing mortgage interest rates on Fannie Mae, Freddie Mac, FHA, VA, and USDA mortgages for some time now.
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– The Home Affordable Refinance Program , also known as HARP , is a federal program of the United States, set up by the Federal Housing Finance Agency in March 2009 to help underwater and near-underwater homeowners refinance their mortgages.
· Obama’s Refinance Plan Is a Lifeline Everyone Should Grab – NEW YORK (TheStreet) – President Obama’s expansion of the Home Affordable Refinance Program, or HARP, is a winner all around, for "underwater" home borrowers looking to refinance at historically low.
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Ginnie connects individual home buyers and refinancers using federal mortgage programs with deep-pocket investors. interest rates on their government-backed loans. Michael R. Bright, executive vice.