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Federal Housing Finance Agency - Fhfa

Federal Housing Finance Agency - FHFA
FHFA Announces Expansion of Program for Underwater Homeowners

In advance of a speech in Nevada later today in which President Obama is expected to expand on the initiative, the Federal Housing Finance Agency (FHFA) has announced major changes to the Home Affordable Refinance Program (HARP) . FHFA unveiled what is essentially a widening of HARP to reach more borrowers in another effort to reverse the continuing flood of delinquent mortgages heading down the pipeline to foreclosure. HARP is unique among programs designed to assist distressed borrowers in that... Ref. Source 2

Fhfa Agency Finance Housing Federal

This reads as too little too late. I liked what someone said in another thread that banks were renting to people whose house was up for foreclosure. That way they could eventually rent to own.