2012-06-08 — freerateupdate.com
``According to FHFA, during the first quarter of the year, HARP refinances topped 180,000 which is almost double the amount completed in the fourth quarter of 2011... FHFA also reported that one in seven refinanced loans during the first quarter were HARP mortgages with a sharp increase in the number of mortgage refinances above 105% loan to value.''
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