WASHINGTON, D.C. – The Federal Housing Finance Agency has extended the Home Affordable Refinance Program (HARP) until Sept. 30, 2017, to create a smoother transition period for a new refi product it is planning to launch toward the end of 2017.
Also, Fannie Mae and Freddie Mac will implement a new refinance offering aimed at borrowers with high loan-to-value ratios.
To qualify for the new High LTV program, the borrower:
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