Mortgage Blog

HARP 3.0: Non GSE Loans? -- ZTEd

April 16th, 2012 9:29 AM by Eric Fang

Rumors are starting to surface that if and when a 'HARP 3.0' program
is unveiled it will include non-GSE loans. As one commenter told us,
"There are a lot of Alt-A loans that look just like GSE loans, but
went to private investors.

Why should they be punished because their loan was sold to the wrong
investor?" Of course, if it's a government sponsored program, the big
question (as always) remains: where does the money come from to fund it?
Posted in:General
Posted by Eric Fang on April 16th, 2012 9:29 AM

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