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Breaking down the latest refinance proposal from Obama
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Industry News, Market Data, Operations
Thursday, February 2, 2012
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Refinances have been the order of the day in the market the last few
years, and if President Obama has anything to say about it, this trend
will not only continue but increase going forward. Enter the latest
refinance plan. This time the president wants to extend a hand to
underwater homeowners with private mortgages to refinance at today’s
historically low levels. Will this latest proposal mean a new flood of
refinances in the market?
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