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GSE Refinance Program Continues Modest Gains In Late 2009, But High LTV Option Little Used
More borrowers were able to refinance through Fannie Mae and Freddie Mac programs targeted to equity-strapped homeowners in late 2009, adding more flavor to what proved to be an unusual year in mortgage refi activity. According to data from the Federal Housing Finance Agency, some 34,458 borrowers used the Home Affordable Refinance Program to get a new loan through Fannie and... [Includes one chart]
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