I'm hearing that the FHA short refinance program is out the gate but I don't hear of any lenders offering the short payoff and even fewer lenders giving the new Hope For Homeowners program a chance. What are people going to do to refinance ther homes with a short payoff if no one offers the FHA SHort Refinance?
This seems like much to do about nothing so far and I'm thinking that compared to a loan modification, the FHA short refinance is going nowhere.
Monday, October 13, 2008
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