HARP Guidelines Allow for 125% LTV. Originators Still Skeptical
The Home Affordable Refinance Program was designed to assist borrowers who have demonstrated an acceptable payment history on their existing Fannie Mae or Freddie Mac owned mortgage loan. Unfortunately due to rising unemployment levels and increasing foreclosure rates, demand for housing has weakened and property values have continued to decline, which has blocked many borrowers from utilizing HARP….(read more)
Comment from Obsoletecertain (Obsolete Certainty)
Time: July 2, 2009, 1:11 am
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#biz article: HARP Guidelines Allow for 125% LTV. Originators Still Skeptical [link to post]
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