Moody's: Bond investors will also benefit from FHFA HARP replacement

The Federal Housing Finance Agency shook up the #mortgage world recently when it announced not only that it planned to extend the Home Affordable Refinance Program for nine additional months, but also that it planned to replace HARP with a new #mortgage refinance program. A new report from Moody’s suggests that the new refinance program is more beneficial to borrowers and to the investors that buy up some of the credit risk tied to their #mortgages. http://www.housingwire.com/articles/37956-moodys-fhfas-harp-replacement-will-bolster-gse-risk-sharing-deals ❤️ #share #mortgage