Tag Archive: FHFA

FHFA Policy Changes May Loosen Lending Requirements

November 10, 2014 by 1 Comment

Many prospective homeowners believe saving money for a down payment and filing out the requisite paperwork is all they need to become a homeowner. Unfortunately, some have learned that tough lending requirements stand in their way to achieve this dream. But this could soon change thanks to new rules proposed by the Federal Housing Finance... View Article

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Merry Xmas, Mr. Watt

December 11, 2013 by Leave a comment

  Merry Xmas, Mr. Watt by Steve Viuker   As they were returning from the funeral of Nelson Mandela, President Obama and Mel Watt might have seen St. Nick drop an early Christmas present from the snowy skies over D.C. yesterday. Needing not reindeers but just a majority of lawmakers agreeing to proceed to final... View Article

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Watt’s Up For FHFA Post

November 26, 2013 by Leave a comment

  Watt’s Up For FHFA Post by Steve Viuker   President Obama received an early Thanksgiving gift as his party did a turkey trot around filibusters; thus paving the way for Mel Watt (D., N.C.) to likely be confirmed as the new director of the Federal Housing Finance Agency, which regulates bailed-out mortgage giants Fannie Mae... View Article

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FHFA Launches Campaign for the HARP Program

September 23, 2013 by Leave a comment

  FHFA Launches Campaign for the HARP Program by Patrick Merryman   The FHFA launched a program today to properly inform homeowners all over the country about the HARP program. The Home Affordable Refinance Program (HARP) is in place to give homeowners an option to refinance even if their home has lost some value.  HARP... View Article

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Mortgage Principal Reduction May Make Sense For FHFA

July 31, 2012 by Leave a comment

UPDATE: Shortly after posting this, FHFA Director Ed DeMarco issued a statement saying that “the anticipated benefits do not outweigh the costs and risks,” and that the FHFA will not participate in principal reduction programs.   It looks as though FHFA mortgage principal reductions may indeed save U.S. taxpayers money after all.  From Shahien Nasiripour in... View Article

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