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A bipartisan group of lawmakers -- led by Rep. Gregory Meeks (D-N.Y.) and including House Ways and Means Committee Chairman Kevin Brady (R-Texas) -- wrote to the Internal Revenue Service yesterday to express concerns about recent changes to the IRS’ tax transcript processing system that could result in significant delays for consumers when attempting to purchase or refinance a home.

In a comment letter with nine trade associations on Friday, ABA urged the IRS to take immediate steps to fix problems with the tax transcript process that could result in significant delays for consumers attempting to purchase or refinance a home.

The Federal Housing Finance Agency today extended the Home Affordable Refinance Program through Dec. 31, 2018.

More than 510,000 borrowers refinanced their Fannie Mae or Freddie Mac mortgage loans in the first quarter, with 13,425 refinanced through the Home Affordable Refinance Program, the Federal Housing Finance Agency said today.

The Federal Housing Finance Agency today released a progress report on its goals for Fannie Mae and Freddie Mac while the GSEs are in federal conservatorship.

More than 626,000 borrowers refinanced their Fannie Mae or Freddie Mac mortgage loans in the third quarter, with 15,597 refinanced through the Home Affordable Refinance Program, the Federal Housing Finance Agency said yesterday.

Mortgage borrowers with high loan-to-value ratios will soon have a new refinance option through Fannie Mae and Freddie Mac, the Federal Housing Finance Agency announced today.

The Federal Housing Finance Agency will announce within the next month whether it will implement a limited principal reduction program for underwater borrowers with mortgages backed by Fannie Mae and Freddie Mac, FHFA Director Mel Watt said today.