HARP 2.0 will help. HARP 1.0 and DU Refi Plus programs were widely criticized as well, but in the end many bankers/brokers were able to market this program to better serve their clients and increase production. Nothing out of Washington is perfect, or even close to it, but HARP 2.0 is a step in the right direction and will help those who are ready to embrace (i.e. market) it. Lenders and investors alike are already operating at increased capacity and scrambling to improve efficiencies and turn times in order to turn … (0 comments)
Good news on the refinance side or mortgage lending!
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