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» Analysts Positive on VA’s Interim Rule on Cash-Out Refinancing but Fear Loopholes Could Inflict Harm
Analysts Positive on VA’s Interim Rule on Cash-Out Refinancing but Fear Loopholes Could Inflict Harm
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The Department of Veteran Affairs’ interim final rule on cash-out refinancing appears to be a positive move for borrowers and investors, especially for higher coupon MBS but potential loopholes could seriously weaken it, analysts warned.