Health & Fitness
Fannie Mae And Freddie Mac Announce HARP Update; More U.S. Homeowners Now HARP-Eligible
The Federal Home Finance Agency (FHFA) has released a formal HARP update.
Effective immediately, the start date HARP-eligible loans must be on, or before, May 31, 2009 where "start date" is defined as the note date -- the date on the mortgage. Previously, HARP was only available to homeowners whose mortgages were sold and securitized on, or before, May 31, 2009.
It's a small change, but one that brings the program closer to HARP 3.
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David Braun
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Find out what's happening in La Grangewith free, real-time updates from Patch.
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