Work-In-Progress HARP 2.0 Exceeding Lender Expectations Say IMF Webinar Participants
April 26, 2012
The retooled Home Affordable Refinance Program may still be ramping up to full throttle, but frontline lenders say that HARP 2.0 is already proving to be a boon for their refi business with the promise of more to come, according to participants of an exclusive Inside Mortgage Finance webinar. Since January, one month after the revised program took effect, lenders have seen intense interest and a more significant uptick in new refinance applications. HARP 2.0 has been a great opportunity for SunTrust Mortgage, explained Tim McKeever, SunTrusts strategic production manager. He noted that the bank this year has...