FHFA extends HARP to 2015

The Federal Housing Finance Agency (FHFA) recently directed Fannie Mae and Freddie Mac to extend the Home Affordable Refinance Program (HARP) by two years to Dec. 31, 2015. The program was set to expire Dec. 31, 2013. In addition, FHFA will soon launch a nationwide...

Bank of America Revises Short Sale Requirements

Bank of America recently issued a new Short Sale Agent Update that revises certain short sale requirements for short sales involving non-government-sponsored enterprise loans in which the homeowner is eligible for HAFA. Key enhancements include: The Short Sale...

Freddie Mac Offers Free Online Tutorial

Freddie Mac is now offering a free, online CreditSmart® tutorial to provide working families and new or inexperienced borrowers with basic sound information about building savings, personal credit, and making wise financial choices. CreditSmart® is a comprehensive,...

CAR is On Air

Commercials, radio spots, and banner ads for the 2013 C.A.R. consumer advertising campaign are now live! But if you haven’t seen the ads yet, don’t worry – California consumers are definitely watching. This year’s campaign will be seen or heard more than 86 million...