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February 13, 2013

Obama to Congress: ‘Take a Vote and Send Me’ HARP 3.0

By Charles Wisniowski

President Obama, during his State of the Union address, urged Congress to get the HARP 3.0 refinancing program off the ground.

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Should the FHA cut premiums?

Yes, the MMIF has surpassed the 2 percent minimum. It’s time to help first-time home buyers.
Yes, but not until mid-2016 at least, when we see how the fund is doing.
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No. We believe the minimum ratio should actually be raised to 4 percent or higher.
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