harp 20 confusion: HARP 2 ends Week 1 in Confusion
- 03/30/12 04:24 AM
HARP 2.0 - here we go again? I hope not. For our office this week was a state of confusion in regard to the new HARP 2.0 loans. The feed back so far is that Fannie Mae is for real but Freddie Mac is difficult if not impossible. We have had approvals this week but we have also been disappointed for some of our customers because they were not approved even though they met the Fannie/Freddie Guidelines. The guidelines are that if the customer has paid the mortgage as agreed for the past 6 months and has no more than one … (0 comments)
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HARP 2.0 - here we go again? I hope not. For our office this week was a state of confusion in regard to the new HARP 2.0 loans. The feed back so far is that Fannie Mae is for real but Freddie Mac is difficult if not impossible. We have had approvals this week but we have also been disappointed for some of our customers because they were not approved even though they met the Fannie/Freddie Guidelines. The guidelines are that if the customer has paid the mortgage as agreed for the past 6 months and has no more than one … (0 comments)
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