Refinancing through HARP on a roll - 06/04/12 08:22 PM
 
FHFA – Federal Housing Finance Agency – reported the other day that during the first quarter of 2012 HARP refinances came in at 180,185 closed deals, signifying a healthy jump from the 93,190 HARP refis that were done in the 4th quarter of 2011. If this trend continues it will in its small way help stabilize the entire housing market.  
 
HARP – Home Affordable Refinance Program – was launched in 2009 to help mortgage borrowers who are unable to refinance because their property values had recently absorbed some serious damage. As the real estate market collapsed they found … (4 comments)