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FHFA also extended HARP an additional two years, through December 31, 2015. As a result of the program modifications creating HARP 2.0 and the subsequent changes, refinance volume has substantially.
The federal housing finance agency (fhfa) announced on Thursday it will be extending its Home Affordable Refinance Program (HARP) until September 30, 2017. HARP was scheduled to expire at the end.
Since 2009, harp refinance program has been extended several times. It was first extended to the end of 2016, even though the fhfa director noted that the program could not go on forever. It then was extended until Sept. 30, 2017, with the idea to make a bridge to a new refi program that FHFA launched in October 2017.
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2017-09-13 · The Home Affordable Refinance Program (HARP) was established in 2009 as a way to help struggling homeowners refinance in the aftermath of the housing.
HARP Extended through 2018 as Changes Made to High-LTV Refi Program. Fannie and Freddie will modify future credit risk transfers to accommodate the new streamlined refi program. Meanwhile, FHFA today announced that nearly 357,000 refinances of Fannie or Freddie loans were completed in the second quarter, with 9,700 of them coming through HARP.
The Home Affordable Refinance Program (HARP) was created by the Federal Housing Finance Agency in March 2009 to allow those with a loan-to-value ratio exceeding 80% to refinance without also paying for mortgage insurance. Originally, only those with an LTV of 105% could qualify.
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HARP 2.0 home affordable refinance Program was designed to help underwater. Extended deadline: The end date to get a HARP refinance was extended to. The Federal Housing Finance Agency (FHFA) announced on Thursday it will be extending its Home Affordable Refinance Program (HARP) until September 30, 2017.
The HARP deadline has been extended several times in the past. This (presumably) last extension allows the HARP program to provide a bridge to the FHFA’s new High.
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Still underwater on your mortgage? HARP has been extended to December 2018. Homeowners who still owe more than their home is worth can refinance with the federal Home Affordable Refinancing.
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