In Announcement 09-04: Home Affordable Refinance - New Refinance Options for Existing Fannie Mae Loans, Fannie Mae is announcing new refinance options to achieve the goals set out for this initiative and to incorporate additional flexibilities provided by the Federal Housing Finance Agency (FHFA). This Announcement provides the details of the eligibility, pricing, and delivery requirements established to assist borrowers in refinancing into new loans with lower monthly payments or more sustainable mortgages in accordance with the Plan and FHFA guidance.
