GSEs release guidance on HARP changes

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2.0 upgrade: The pros and cons of HARP revision | News. – The Federal Housing Finance Agency with government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac announced a series of changes to the Home Affordable Refinance Program, dubbed HARP 2.0, in an effort to attract more eligible borrowers who can benefit from refinancing their home mortgage. Read on for a breakdown of the revision.

Fannie Mae joins Freddie Mac ignoring write-offs – News. –  · Fannie Mae and Freddie Mac, which have reported record profits after a taxpayer bailout, are ignoring billions of dollars in potential losses.

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Recent FASB Updates Related to CECL – – Implementing CECL has brought about a host of accounting and other technical questions. The Financial Accounting Standards Board (FASB) works with the industry through a series of meetings to identify these questions, evaluate industry feedback, and periodically issue clarifying statements. We will continuously publish summarized points of interest from these meetings as they arise.

Universal Refinance Wave vs. Gradual HARP Changes – AAM. –  · On Monday, November 15, 2011 the FHFA sent out a press release regarding the changes to the existing harp program. due to the mandates of the FHFA, those tweaks to the program did not create a massive refinancing wave. The changes are outlined below: Reducing risk based fees – Loan Level Pricing Adjustments (LLPAs)

HARP Archives – Brooklyn Real Estate Blog – The changes in the program may double the number of borrowers using HARP according to some estimates, but still will serve only those borrowers who are current in their loans and who have loans owned or guaranteed by one of the GSE’s that were delivered to Fannie or Freddie prior to July 2009. Thus it will impact only a small percentage of.

HAMP, HAFA and HARP – USFN – HAMP, HAFA and HARP. FHFA release – HARP extension (8/25/16). mapping for CFPB Mortgage Servicing Regulations Guidance as outlined in SD 13-09. The changes to the Handbook are effective as of 1/10/14.. and supersedes the notated portions of Handbook for Servicers of Non-GSE Mortgages Version 4.3.

Watt Updates Congress on FHFA Operations – Neither has made a draw from the Treasury since early 2012 although, Watt said, some of the improvement relates to one-time or transitory items such as legal settlements, tax benefits, and release..

Obama Refi Proposal Takes Shape in HARP Changes – – ""This is not going to be revolutionary, but evolutionary,"" he says, forecasting that the HARP modifications ""will be modest changes."" The release caps several weeks of lobbying effort and.

Bad Romance - Lady Gaga (Electric Harp) Fannie, Freddie Release New HARP 2.0 Guidelines. –  · The same day that lawmakers deluged the GSEs and their regulator with criticism, Fannie Mae and Freddie Mac finally released guidelines Tuesday for lenders and servicers about modifications to.

NMI Holdings, Inc. Provides Guidance on Expected Impact of. –  · NMI Holdings, Inc. Provides Guidance on Expected Impact of Tax Reform. Certain statements contained in this press release or any other written.