FHFA Announces One-Year Extension of HARP, Experts Predict Minimal Impact on GSE Refi
March 18, 2011
Expect the Federal Housing Finance Agency’s decision to extend the Home Affordable Refinance Program by one year to have a positive but very modest impact on refinance activity at the government-sponsored enterprises, experts say. HARP – a refinance program for underwater and nearly underwater Fannie Mae and Freddie Mac borrowers – had been scheduled...[Includes one data chart]