by Jon Terry | Dec 14, 2011 | Blog, Mortgage Guidelines
A conforming mortgage is one that, literally, conforms to the mortgage guidelines as set forth by Fannie Mae and Freddie Mac. Conforming mortgage guidelines are Fannie’s and Freddie’s eligibility standards; an underwriter’s series of check-boxes to...
by Jon Terry | Oct 25, 2011 | Blog, Foreclosure, Mortgage Guidelines, Mortgages, Personal Finance
The Federal Home Finance Agency announced big changes to its Home Affordable Refinance Program Monday. More commonly called HARP, the Home Affordable Refinance Program is meant to give “underwater homeowners” opportunity to refinance. With average, 30-year...
