MSI Ramps Up FHA Short Refinancing Program

Lenders have originated just 2,015 FHA-insured short refinancings since the Federal Housing Administration launched the special program in August 2010 to provide a refinancing outlet for underwater borrowers with private label alt-A and subprime loans.

Article source: http://www.nationalmortgagenews.com/dailybriefing/msi-ramps-up-fha-short-refinancing-program-1033607-1.html

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