Here are some answers, but more program affecting the interest rates on (only those loans owned by Freddie Mac or Fannie Mae will be eligible) details will be out on 11-15-2011 and loans available as early as 12-1-2011?
http://www.google.com/hostednews/ap/article/ALeqM5jj-W6cU10ZTbXRoAPK23Ikk0Et0A?docId=cf2fde584ac54589b9dce05464a2e436
Is your loan owned by Fannie Mae or Freddie Mac? Check these websites to verify if your mortgage is owned by Fannie or Freddie - freddiemac.com/mymortgage; Fannie's is at fanniemae.com/loanlookup.
Other recent comments from FHFA Director Edward Demarco - possibly raising the 125% LTV limit on refinance - FHFA's DeMarco Releases Statement on Potential HARP Changes => http://www.mortgagenewsdaily.com/09092011_fhfa_statement.asp
References to products and services are not a specific endorsement, but the user must perform their due diligence and investigate whether the product or service is right for them. I welcome any or all comments that would help others.
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