We are still waiting for Fannie and Freddie to issue guidance with operational details about the HARP changes that will allow us to service more clients whose mortgages are guaranteed by Fannie Mae and Freddie Mac and that are currently upside down in their mortgage.

In the meantime, Acting Director Edward J. DeMarco with FHFA spoke in front of the U.S. Senate Committee on Banking, Houisng and Urban Affairs.

<p><strong>To read his statement, click here: