About 6% of HARP loans had a loan-toCEvalue ratio greater than 125%, and HARP refinances accounted for 4% of all U.
Just a little more than half of May's HARP refinances came from the 12 states with the highest rates of HARP participation: Florida (8.
knows exactly what information borrowers should know in order to make an informed decision of whether or not to refinance their home loan.
The company has already helped thousands of California homeowners successfully refinance their home loans.
In Florida in November, HARP refinances
represented 56 percent of all refinancing activity in the state, according to FHFA.
5 times more likely to receive a subprime refinance
loan than whites, up from 3 times more likely in 2001, said Valerie Coffin, national research director for the Association of Community Organizations, known as ACORN.
His decision: to refinance
the remaining $450,000 on his 30-year, fixed-rate loan with a 7.
For example, if grandfathered debt has 8 years remaining when the taxpayer refinances
with a new 15-year mortgage, the new loan is considered grandfathered debt for 8 years.
from among 40,000+ lenders, Quicken Loans has observed a double refinance
trend this past year as interest rates have fallen to the lowest they've been since the `60s.
In August, HARP refinances
for borrowers with LTVs greater than 105 percent accounted for more than 70 percent of HARP volume in Nevada, Arizona and Florida.
This includes both purchase and refinance
LPS' RediRefi program is a customizable, full-service solution that can help lenders improve the success rate of their refinance
Since Cambridge Square's original loan was funded by FHA, this project was ideally suited for the FHA 223(a)7 loan product, which is designated for refinances
of HUD loans," said Michael Sapuppo, a vice president at TRI and the originator for the Cambridge Square loan.
In the event the Company refinances
its credit facility as it expects, it will incur in the third quarter a non-cash pre-tax extraordinary charge of approximately $11.
In the United States, where housing equity makes up almost two thirds of the median household's total wealth, public policies have been crafted to encourage home ownership and to help households finance and refinance