FHFA Announces New Streamlined Refinance To Replace HARP in 2017, Allows Multiple Use
August 26, 2016
The Federal Housing Finance Agency revealed details this week on a new high loan-to-value streamlined refinance option for Fannie Mae and Freddie Mac mortgages that will replace the Home Affordable Refinance Program. HARP was due to sunset at the end of this year, but the FHFA extended it until Sept. 30, 2017, with the new alternative beginning immediately after. The as-yet-unnamed option is...