Category Archives: HARP

FHFA has announced the extension of the HARP by two years to December 31, 2015.

Good news for Homeowners still underwater and trying to avoid foreclosure! The Federal Housing Finance Agency (FHFA) has announced the extension of the Home Affordable Refinance Program (HARP) by two years to December 31, 2015. The program was set to … Continue reading

Posted in Credit Challenges, Fannie Mae, Foreclosure, Freddie Mac, HARP, Loan Modifications, Making Home afforable Program | Tagged , , , , , , , | Leave a comment

Fitch: High Rate of Unsuccessful Mods Threatens Asset Quality

Servicers continue to make strides in home retention efforts, completing more than 360,000 retention actions in the fourth quarter of 2012, according to a report from Office of the Comptroller of the Currency  (OCC). However, Fitch Ratings detects continued “weak … Continue reading

Posted in Chase Short Sales, Credit Challenges, HAMP, HARP, Loan Modifications, Making Home afforable Program | Tagged , , , , , | Leave a comment