Lenders Believe Housing Recovery is Real

In its quarterly survey of U.S. bank risk professionals, FICO  found lenders more bullish on the housing recovery than at any point in three years, with 71 percent of respondents saying home prices are “rising at a sustainable pace” in the context of mortgage lending...

HARP Refinance Program Expanded

Borrowers who are current on their home loans may be able to refinance for lower interest rates, even if they are seriously upside down.  The Federal Housing Finance Agency (FHFA) recently announced that it will broaden the scope of the Home Affordable Refinance...