Mortgage Blog

October 24th, 2011 7:20 AM

The Federal Housing Finance Agency Monday morning unveiled long awaited
changes to a White House refinancing program, waiving the LTV cap and
certain origination fees on underwater Fannie Mae and Freddie Mac loans.

Any LTV is ok and New appraisals will be waived on these refis as well,
according to a FHFA term sheet. More details will be in the news
in teh next a few weeks.

Posted by Eric Fang on October 24th, 2011 7:20 AMPost a Comment (1)

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