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« Donovan: New Housing Options Reduce Refinancing Costs | Main | HUD Secretary Announces New Housing Refinance Options »
Monday
Oct242011

New Housing Refinance Options Lift Cap On Eligibility, Says Donovan

Housing and Urban Development (HUD) Secretary Shaun Donovan explains that the new new refinance options lift the refinancing eligibility cap under President Obama’s Home Affordable Refinance Program (HARP) to include even those homeowners who are more than 25 percent underwater (0:15).

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