Now that America is somewhat aware that the White House wants Fannie Mae and Freddie Mac to refinance as many underwater loans as possible it needs something else: details. Unfortunately, the fine print on the expanded HARP initiative won't be out for a few weeks. Meanwhile, potential customers are calling lenders trying to get more information – but there is none. But one thing we know is this: If you've already engaged in a HARP refi there is no double dipping, or so reports NMN's Brian Collins. In short, the mortgagor is out of luck. Will the White House change its mind on this one lone detail that we know about?
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