Fannie Mae History Fannie Mae is actually an organization that’s much older than people expect. The organization stretches all the way back to the reforms that occurred after the Great Depression under Franklin Delano Roosevelt. It’s easy to see that making owning a home a safe and affordable process has been an American focus for many years. It was founded…
February 2013
All of the challenges in the housing market led the Obama administration to consider ways to ease the effect of the housing bubble burst for both homeowners and mortgage financiers. Included in the stimulus plan was the Home Affordable Refinance Program, also known as HARP. The goal of the program is to assist homeowners with refinancing their current mortgages. Who’s…