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Home » Store » News » Investors Eye FHA Refi Program, Impact Unclear

Investors Eye FHA Refi Program, Impact Unclear

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The forthcoming refinance program that will put underwater borrowers into new FHA loans is garnering interest from investors, but market participants are unsure about how many borrowers will actually qualify for the Obama administration initiative, according to a new Government Accountability Office report. The new FHA “short refi” program will use up to $14 billion of the $50 billion of funds...
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