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Real Estate & Property Law

: Housing Wire

HUD Allows 125% LTV in Home Affordable Refis

By DIANA GOLOBAY

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[Update 1] The administration expanded its Home Affordable Refinance Program to include borrowers current on payments but whose mortgages are worth up to 125% of the house’s value. US Department of Housing and Urban Development (HUD) secretary Shaun Donovan announced the LTV limit expansion today while touring a Las Vegas neighborhood–a befitting venue for the reveal, considering [...]

Full post as published by Housing Wire on July 01, 2009 (boomark / email).

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