Expanded Income Eligibility for ‘RefiNow’ and ‘Refi Possible’ Programs

Remember those special refinance programs introduced by Fannie Mae and Freddie Mac this past summer to help two million eligible low and moderate-income homeowners decrease their monthly payments? These government-backed refinance initiatives are being retooled to benefit even more lenders and homeowners. In October, it was announced that in the coming months, Fannie will expand […]