Acting Director of the Federal Housing Finance Administration (FHFA) and Fannie Mae/Freddie Mac conservator, Edward DeMarco, says conservatorship was not meant to be a long-term solution and expresses the urgent need for housing finance reform. (0:17)
Acting Director of the Federal Housing Finance Administration and Fannie Mae/Freddie Mac conservator, Edward DeMarco, criticizes the Government Sponsored Enterprise model for leaving tax payers with a multi billion dollar burden. (0:30)
Housing and Urban Development (HUD) Secretary Shaun Donovan announces that President Obama’s Home Affordable Refinance Program (HARP) has been extended for an additional 18 months from June 2012 to December 2013 (00:14).
FHFA, HARP extension, house refinancing in Audio Housing and Urban Development (HUD) Secretary Shaun Donovan announces that the Federal Housing Finance Agency’s (FHFA) new housing refinance options reduce refinancing costs by reducing risk-based fees, closing costs, title insurance, lien processing, and the amount of people required to have appraisals before refinancing (00:53).
FHFA, appraisal, closing, house refinancing, lien processing, title insurance in Audio White House Communications Director, Dan Pfeiffer, announces that the Federal Housing Finance Agency’s (FHFA) housing refinance announcement is part of the White House administration’s overall effort, entitled “We Can’t Wait,” to make executive decisions to improve the economy since they cannot wait any longer for Congress to pass the necessary legislation (0:46).
