Harp 2

Posted: Wed Mar 14, 2012 6:48 pm

They basically intimated that they had no one to sell it to - so they had to sell direct to Fannie and apparently that is less profitable than going through an intermediary.

Dyn-o-mite! Joined: 01 Jul 2008 Posts: 390

How is it LESS profitable to sell direct to the Agencies? Please explain.

Posted: Tue May 29, 2012 3:13 pm

I suppose because there are different contracts for different sellers - but I'm just guessing and my point was to repeat what I was told - I really have no idea how the pricing works

Dud? Joined: 21 Aug 2011 Posts: 9 Location: Atlanta

The intermediary pays a service release premium. Agencies do not.

Dud? Joined: 10 Feb 2012 Posts: 8 Location: California

So will Harp go the way of Hamp?

Posted: Tue Jun 19, 2012 12:35 am

EGalindo wrote:

So will Harp go the way of Hamp?

Yep