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Freddie Mac Open Access Refinance HARP

As of today, October 1, 2009, Freddie Mac is accepting applications for its Open Access Home Affordable Refinance Program (HARP), allowing borrowers to refinance and switch loan servicers.  I currently have a loan with Provident Funding, at 6.125% with about 90% LTV and no PMI.  Are there any companies currently accepting applications for the Freddie Mac Open Access Program?  If not, does anyone have a firm date on when the applications will be accepted?
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October 01 2009 - University
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Answers (5)

pepepedraza11

I refer you to Neal Stephenson's "Anathem" for a translation.
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December 03 2009
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I was able to obtain a quote from quicken loans.  They are familiar with the program.
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October 09 2009
Sorry about that! I see a number of homeowner's on here that are actually asking for help (and a few even asking for knowledgeable brokers) so I was just trying to assist.

Won't happen again.

Dave
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October 02 2009
Dave,
just an FYI...these threads are for Q&A... not to be used for trolling for business. You'll have a lot of lenders jumping all over you if your spamming the threads.
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October 02 2009




On June 26 the  Relief Refinance Mortgage – Open Access, which permits Relief Refinance Mortgages to be originated by Freddie Mac Seller/Servicers who do not currently service the mortgage being refinanced was announced.

Under the Relief Refinance Mortgage offering the federal Making Home Affordable Program is supposed to provide borrowers with more choices when refinancing.

Relief Refinance Mortgages – Open Access must have note dates on or after October 1, 2009, and on or before June 10, 2010. Additionally, these mortgages must have Freddie Mac settlement dates on or after October 1, 2009.


To be eligible for the Relief Refinance Mortgage – Open Access, the mortgage being refinanced must be owned or securitized by Freddie Mac and the Relief Refinance Mortgage must improve the borrowers position substantially.

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October 01 2009
 
Related Questions
Freddie Mac Open Access Refinance HARP
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Latest answer by Mike Politzer
December 03 2009 | 5 answers
  • Asked by glibremark2003
  • In Refinance
  • October 01 2009
Mortgage Rates
 
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