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Volume 1 - Number 2

November 14, 2008

H4H Volume Yet to Get Off the Ground

Six weeks since the Department of Housing and Urban Development launched its HOPE for Homeowners refinance plan, there are still four times as many lenders signed up to offer the program as actual loan applications. HUD lists some 180 FHA lenders eager to do business in a program that attracted just 42 loan applications in its first two weeks. Although some officials say 20,000...

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