harp: HARP Refi Program Extended to 2015 - 04/11/13 02:31 AM
The Federal Housing Finance Agency directed Fannie Mae and Freddie Mac to extend the Home Affordable Refinance Program by two years to Dec. 31, 2015.
The program was set to expire at the end of this year. 
FHFA determined that extending the program will provide borrowers additional opportunities to refinance, give clear guidance to lenders and reduce losses for the government-sponsored enterprises and taxpayers.
"More than 2 million homeowners have refinanced through HARP, proving it a useful tool for reducing risk," said Ed DeMarco, acting director of the FHFA.
He added, "We are extending the program so more underwater borrowers can … (0 comments)

harp: HARP refinancings beat 2012 estimates - 03/12/13 11:36 PM
Maricopa Homes for Sale - Refinance options
Almost 1.1 million mortgages were refinanced in 2012 through the Home Affordable Refinance Program (HARP) beating government estimates. This program is for homeowners that have FNMA or FMAC (Fannie Mae and Freddie Mac) backed loans and is available even for those folks that have homes whose values are well below market value. I have seen fellow Maricopa Arizona resdients save up to $600/month on their mortgage payments!!
It is refreshing to see that the government has FINALLY rolled out a program that appears to be assisting homeowners that want to keep their homes.
Read … (0 comments)

harp: Big Four Lenders on Board with HARP Refi Program - 12/30/11 02:22 AM
DSNwes reports that Bank of America, Chase, Citigroup and Wells Fargo have agrred to participate in the new HARP program. This program, expected to be rolled out in FEB or MARCH will allow homeowners with Freddie Mac or Fannie Nae backed mortagges to refinance. The good news about this program is that there are few restrictions, except that the homeowner has to be current on their payments or only missed one (but not in the past 6 months).
This could be great news for many distressed homeowners but keep in mind that this is a government program and we all know … (2 comments)

 
Bill "Waz" Wasowicz (Wizards of Waz Real Estate)

Bill "Waz" Wasowicz

Maricopa, AZ

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Wizards of Waz Real Estate

Address: 21621 N. Backus Drive, Maricopa, AZ, 85138

Office: (520) 840-0185

Mobile: (480) 390-5043

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We live, work, play and know the Maricopa area. We specialize in Short Sales and Foreclosures and love to help any buyer find the right investment or any seller conduct their sale properly and in the right time. Contact us anytime for updates in listings and the latest in short sales and foreclosures in Maricopa AZ homes.


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