The Home Affordable Refinance Program (HARP) has altered the makeup of a "typical" conventional refinance. When HARP 3.0 passes, the changes will be even more stark.
Click for the complete post : HARP 2.0 : Changing The Typical U.S. Refinance “Profile”.
Source: http://themortgagereports.com/10830/harp-2-underwater-homeowners-cash-in-on-lost-home-equity
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