Fannie Mae and Freddie Mac and have released new information about updates to the HARP 2.0 (Home Affordable Refinance Program). This is an update to the original HARP program that was introduced in 2009 and intended to help homeowners with Fannie Mae or Freddie Mac mortgages refinance their loans to the current low market rates even if [...]

Earlier this week, President Obama met with homeowners in Las Vegas and announced new HARP changes that will help “underwater” borrowers refinance their mortgages at the more competitive rates that are available today. The FHFA (Federal Housing Finance Authority) announced these changes as well and have also provided a list of FAQ’s at the end of their press release [...]