Tag Archives: Fannie Mae

Hidden Guarantee Fee Set To Rise

According to an article written by Vickie Elmer and published on March 1, 2012 in the New York Times, the hidden guarantee fee of your home mortgage will rise in spring, and other increases will likely take place later this … Continue reading

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President Obama’s Plan to Help Responsible Homeowners

In his State of the Union address, President Obama laid out a plan to help responsible borrowers and support a housing market recovery. Key aspects of the president’s plan include: Broad-based refinancing: The president’s plan will provide borrowers who are … Continue reading

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What is HARP and HARP 2.0?

HARP If you’re underwater on your conforming, conventional mortgage, you may be eligible to refinance without paying down principal and without having to pay mortgage insurance. If you meet the following criteria, you could qualify to refinance your home into … Continue reading

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Advantages of the HAFA Process

According to market research firm CoreLogic, nearly 11 million of properties nationwide had negative equity at the end of the second quarter of 2011.  Another 2.4 million homeowners had less than 5% equity.  As of November 2011, 30.2% of homes … Continue reading

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