Refi Changes, HARP Expansion Blueprint Clues Emerge

Dymi, Amilda
October 2011
Mortgage Servicing News;Oct2011, Vol. 15 Issue 10, p17
The article discusses the refinancing program, an expansion of the Home Affordable Refinance Program (HARP), that intends to reduce monthly mortgage payments. Insiders argue on the program's future and cost burdens on borrowers, investors and the government. According to Ed Pinto of American Enterprise Institute for Public Policy Research, the program do not address the problem on negative equity.


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