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Loan Modification

: Loan Modification & Home Loan News

Fannie Mae Implementing New Loan-to-Value Ceiling for Home Affordable Refinance Program

By Moe Bedard

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Loans Eligible for Delivery September 1 WASHINGTON, July 1 /PRNewswire-FirstCall/ — Fannie Mae (NYSE: FNM) announced today that the company is providing information to servicers regarding changes to the Home Affordable Refinance Program (HARP) that permits refinancing of existing Fannie Mae loans with loan-to-value (LTV) ratios up to 125 percent. The loans will be eligible for [...]

Full post as published by Loan Modification & Home Loan News on July 01, 2009 (boomark / email).

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