Abraham Blog

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May 4th, 2012 10:34 AM

Announced in March 2009, HARP is a federal government program designed to help 5 million underwater or near-underwater homeowners refinance into a fixed loan with a lower monthly payment. However, as of Aug. 31, only 894,000 borrowers have refinanced through HARP. On Oct. 24, 2011, President Obama announced an overhaul to the HARP program with the intent of reaching more underwater homeowners. The expanded HARP program - also referred to as HARP 2.0 - will take effect on December 1, 2011 for borrowers with a loan-to-value ratio of less than 125 percent and in the first quarter of 2012 for borrowers with a loan-to-value ratio of greater than 125 percent.

Posted by ABRAHAM HAKAWATI on May 4th, 2012 10:34 AMPost a Comment (0)

March 2nd, 2007 9:50 AM

<a href="http://www.mortgagenewsdaily.com/">
Mortgage News Daily</a>

Posted by ABRAHAM HAKAWATI on March 2nd, 2007 9:50 AMPost a Comment (0)

March 2nd, 2007 9:47 AM

Posted by ABRAHAM HAKAWATI on March 2nd, 2007 9:47 AMPost a Comment (0)

March 2nd, 2007 9:44 AM

<br /><div align="center">
<a href="http://www.mortgagenewsdaily.com/">
<img src="http://www.mortgagenewsdaily.com/images/logo.gif" 
alt="Mortgage And Real Estate News"
width="220" height="50" border="0" align="middle" /><br />
<small>Mortgage and Real Estate News</small></a>
</div><br />

Posted by ABRAHAM HAKAWATI on March 2nd, 2007 9:44 AMPost a Comment (0)

March 2nd, 2007 9:42 AM

<br /><div align="center">
<a href="http://www.mortgagenewsdaily.com/">
<img src="http://www.mortgagenewsdaily.com/images/logo.gif" 
alt="Mortgage And Real Estate News"
width="220" height="50" border="0" align="middle" /><br />
<small>Mortgage and Real Estate News</small></a>
</div><br />

Posted by ABRAHAM HAKAWATI on March 2nd, 2007 9:42 AMPost a Comment (0)