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Fannie Mae Refinance Program

Fannie Mae Implementing New Loan-to-Value Ceiling for Home Affordable Refinance Program

by Moe Bedard

Loans Eligible for Delivery September 1

WASHINGTON, July 1 /PRNewswire-FirstCall/ — Fannie Mae (NYSE: FNM) announced today that the company is providing information to servicers regarding changes to the Home Affordable Refinance Program (HARP) that permits refinancing of existing Fannie Mae loans with loan-to-value (LTV) ratios up to 125 percent. The loans will be eligible for [...]

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