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FailureToCommunicate

(14,606 posts)

7. We just refinanced thru HARP: roadblocks every step of the way!

Reply to ghurley (Original post)

Mon Jan 30, 2012, 11:58 AM

Jan 2012

HARP ="Home Affordable Refinance Program" A program only for mortgages already owned by Fanny Mae or Freddy Mac.

Pain in the butt. But much of the problem was the mortgage servicing company (Wells Fargo) didn't want to budge.

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Freddie Mac Betting Against Struggling Homeowners [View all] ghurley Jan 2012 OP

A good read. It details how Freddie Mac makes money by keeping struggling homeowners in higher fasttense Jan 2012 #1

Why do these people want this country to fail? PuraVidaDreamin Jan 2012 #2

If there's some way the president can stop this crap, he ought to do it. Congress sure won't. flpoljunkie Jan 2012 #3

Making money by screwing people. This company should have been shut down. sarcasmo Jan 2012 #4

Freddie Mac Mission Statement with charter attachment PADemD Jan 2012 #5

Key word: liquidity. Hedging is sometimes necessary to ensure liquidity. Dreamer Tatum Jan 2012 #12

A taxpayer-owned mortgage company TatonkaJames Jan 2012 #6

Freddie Mac is NOT Tax payer owned, never was happyslug Jan 2012 #13

Since 2008, we now own a big chunk of them. That was part of the bailouts. Common Sense Party Jan 2012 #18

Quite a bit Snake Alchemist Jan 2012 #21

80%???!!? Common Sense Party Feb 2012 #24

Straight from Freddie Mac Snake Alchemist Jan 2012 #20

We just refinanced thru HARP: roadblocks every step of the way! FailureToCommunicate Jan 2012 #7

"mortgage servicing company (Wells Fargo) didn't want to budge": of course not, Warren Buffett wants stockholmer Jan 2012 #11

Ja. FailureToCommunicate Jan 2012 #15

i bet freddie mac it he tip of the iceberg. pansypoo53219 Jan 2012 #8

Jeez! The FEDERAL mortgage company was doing this: betting on failure!? Peace Patriot Jan 2012 #9

Your welcome... ghurley Jan 2012 #16

another article and video stockholmer Jan 2012 #10

Glass-Steagall Act was enacted after the Great Depression to prevent these greed based conflicts of mother earth Jan 2012 #14

+1000, Repeal of Glass-Steagall, NAFTA,and the horrific Commodity Futures Modernization Act are the stockholmer Jan 2012 #17

Yes, bipartisanship to derail the protections of Glass-Steagall, moreso from the GOP, nonetheless, mother earth Jan 2012 #19

And for this discovery and revelation, NPR will be defunded by the rethugs in 10... 9... 8... truthisfreedom Jan 2012 #22

Freddie Mac/Fannie May again natasor Jan 2012 #23