Tag Archives: underwater refinance loan

Is FNMA going to follow FHA on the short refi?

Click here for more pictures by Renjith Krishnan FHA introduced a refinance loan for homeowners who are underwater on their mortgage.  For those who owe more on their homes than their homes are currently worth, FHA’s new  program which went into affect September 7th of this year, allows a maximum of a 97.75 of the value […]