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2.0 upgrade: The pros and cons of HARP revision
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Monday, November 21, 2011
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The Federal Housing Finance Agency with government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac announced a series of changes to the Home Affordable Refinance Program, dubbed HARP 2.0, in an effort to attract more eligible borrowers who can benefit from refinancing their home mortgage. Read on for a breakdown of the revision.
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