FHA Extends Short Refi Program

The Federal Housing Administration has extended its so-called short-refinance program for underwater homeowners with conventional loans through the end of 2014.

  • 21 Mar 2012

The Federal Housing Administration has extended its so-called short-refinance program for underwater homeowners with conventional loans through the end of 2014. The program hasn’t been used much since launching in August 2010, with only 840 completed short refis since then.

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1 Bank of America Merrill Lynch (BAML) 4,755 19 11.75
2 Citi 4,288 14 10.60
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4 Goldman Sachs 2,615 4 6.46
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