| Sep 19, 2011 11:53AM At the same time the Acting Director of the FHFA is considering loosening guidelines or reducing fees in conjunction with an expanded HARP offering, he's likely to raise certain fees in 2012. Speaking at The American Mortgage Conference in Raleigh, NC, Edward Demarco gave some additional clarity on his previous statement on the expansion of the HARP program, saying "Loan level price adjustments, representations and warranties, valuation requirements, and portability of mortgage insurance... Sep 19, 2011 12:50PM Home sales may be stagnant but, according to data released on Monday by Buildfax, homeowners are increasingly upgrading the homes they already have. The company, which maintains a nationwide building and permitting data base, said that remodeling activity reached a record high in July as consumers put more discretionary income into their homes. This has also increased the number of under-insured properties to record highs. The BuildFax Remodeling Index (BFRI) for July indicates that residential remodeling...
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