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Latest Refinance news:

Eligibility for home refinance program is expanded
The Obama administration eases rules, lifting the maximum loan-to-value ratio to 125%, in an attempt to make refinancing available to more people whose homes are worth less than their mortgages. The Obama administration eased eligibility rules Wednesday for its Home Affordable Refinance program, lifting the maximum loan-to-value ratio to 125% from 105%.
Read more News Source - Chicago Tribune
Publish date - 12:29:01 07/02/09

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Fannie, Freddie ease terms for mortgage refinance
The Obama administration on Wednesday expanded its foreclosure prevention efforts to help a greater number of underwater homeowners refinance their mortgages.
Read more News Source - Reuters via Yahoo! News
Publish date - 22:03:38 07/01/09
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Fannie, Freddie to expand refinance program: source
Fannie Mae and Freddie Mac will expand their foreclosure-prevention efforts and refinance homeowners whose loan-to-value ratio is 125 percent, an administration source said on Wednesday.
Read more News Source - Reuters via Yahoo! News
Publish date - 16:49:08 07/01/09

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Fannie, Freddie To Let More Borrowers Refinance
Fannie, Freddie To Let More Borrowers Refinance
Read more News Source - Fox News
Publish date - 18:59:02 07/01/09

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Eligibility expanded for home refinance program - Thu, 02 Jul 2009 PST
The Obama administration eased eligibility rules Wednesday for its Home Affordable Refinance Program, lifting the maximum loan-to-value ratio to 125 percent from 105 percent. The shift, which regulators had hinted was coming, is aimed at making refinancing available to more people whose homes are worth less than their mortgages.
Read more News Source - The Spokesman-Review
Publish date - 07:08:30 07/02/09

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Mortgage Applications Fall Last week, Refinance Tumble
The Mortgage Bankers Association reported Wednesday that its index for total U.S. mortgage applications fell 18.9% for the week ended June 26. Refinance applications fell 30% during the period.
Read more News Source - HispanicBusiness.com
Publish date - 14:54:15 07/01/09

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(AFX UK Focus) 2009-07-01 18:14 UPDATE 1-US mortgage agencies expand refinance plan-official
WASHINGTON, July 1 (Reuters) - Mortgage finance companies Fannie Mae and Freddie Mac will expand their efforts to prevent foreclosures, and refinance borrowers whose loan-to-value ratio is as high as 125 percent, an administration official said on Wednesday. Under current rules, the mortgage finance companies may only refinance borrowers whose mortgage loan-to-value ratio is no greater than 105 ...
Read more News Source - Interactive Investor
Publish date - 17:33:43 07/01/09

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(AFX UK Focus) 2009-07-01 17:50 Fannie, Freddie to expand refinance program-source
WASHINGTON, July 1 (Reuters) - Fannie Mae and Freddie Mac will expand their foreclosure-prevention efforts and refinance homeowners whose loan-to-value ratio is 125 percent, an administration souce said on Wednesday. Under current rules, the mortgage finance companies may refinance only borrowers whose mortgage loan-to-value ratio is 105 percent. The new policy is intended to aid more struggling ...
Read more News Source - Interactive Investor
Publish date - 17:17:55 07/01/09

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Fannie, Freddie to Refinance Larger Underwater Loans (Update3)
July 1 (Bloomberg) -- Fannie Mae and Freddie Mac will begin refinancing mortgages with loan-to-value ratios of as much as 125 percent as the Obama administration seeks to boost participation in its anti-foreclosure programs.
Read more News Source - Bloomberg
Publish date - 22:21:59 07/01/09

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Fannie, Freddie ease terms for mortgage refinance
By Patrick Rucker
Read more News Source - Reuters via Yahoo! Philippines News
Publish date - 00:54:52 07/02/09

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Weigh interest-only mortgage refinance
Dear Dr. Don, I've been in my condo for three years and have an interest-only 30-year fixed-rate loan at 7.3 percent. My credit score is 760, but I haven't been able to refinance because my building is not FHA-approved.
Read more News Source - Bankrate.com
Publish date - 11:42:43 06/30/09

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White House to Expand Mortgage Refinancing Program
The Obama administration announced yesterday that it would loosen the eligibility requirements for a program aimed at helping borrowers with no equity in their homes to refinance into cheaper mortgages.
Read more News Source - Washington Post
Publish date - 13:21:26 07/02/09

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Porsche Loan Requests Are Likely to Fail, State Official Says
July 2 (Bloomberg) -- Porsche SE will probably fail to persuade German state lenders to increase funding as the carmaker struggles to refinance 9 billion euros ($12.7 billion) in debt, according to a state parliamentary leader.
Read more News Source - Bloomberg
Publish date - 11:36:53 07/02/09

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Obama expands program to aid borrowers who're 'underwater'
WASHINGTON — The Obama administration on Wednesday expanded efforts to help Americans struggling with distressed mortgages refinance at lower interest rates, even if they owe up to 25 percent more than their homes are now worth.
Read more News Source - McClatchy Newspapers via Yahoo! News
Publish date - 22:33:40 07/01/09

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(AFX UK Focus) 2009-07-01 23:12 UPDATE 3-Fannie, Freddie ease terms for mortgage refinance
By Patrick Rucker
Read more News Source - Interactive Investor
Publish date - 22:33:34 07/01/09

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RESIDENTIAL FINANCE CORP. WINS STEVIE AWARD IN 7TH ANNUAL AMERICAN BUSINESS AWARDS
Columbus, OH – July 1, 2009 – Residential Finance Corporation (RFC) http://www.residentialfinance.com , a nationwide mortgage lender specializing in refinance loans, won the Stevie ® Award for Sales Department of the Year in The 2009 American Business Awards SM .
Read more News Source - dBusinessNews.com
Publish date - 19:48:09 07/02/09

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Feds Home Refinancing Program Becomes More Inclusive
Many more homeowners will be able to refinance under a federal program announced Wednesday that extended eligibility to those whose houses are worth up to 25 percent less than what is owed on them.
Read more News Source - HispanicBusiness.com
Publish date - 19:09:16 07/02/09

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