HARP | Federal Housing Finance Agency – What is HARP? HARP – the Home Affordable Refinance Program – was introduced in 2009 by FHFA as part of Making Home Affordable. The program allows homeowners who have seen a drop in their home value and are underwater refinance into better mortgage terms.

Secure the Loan. If the property is held in the borrower’s name only – without a properly filed lien – creditors can go after their home or pressure the borrower to use the home’s value to satisfy a debt. A secured mortgage helps protect the lender’s interest, assuming everything is structured correctly.

Underwriting is an essential step in the mortgage approval process. The underwriter is the person who approves your loan after reviewing all the documents the loan officer has provided.

Paul Manafort charged with committing residential mortgage fraud – which is more common than you’d think – In many cases, people will commit mortgage fraud to secure housing. But in some cases, like the latest allegations against Manafort, they may engage in unlawful activity to earn a profit. The details.