Changes made to the Home Affordable Refinance Program could open the initiative up to almost twice the number of borrowers eligible under previous criteria, according to a DataQuick study.

Researchers found that 6.7 million more households may qualify under HARP 2.0, which has been tweaked to now include borrowers with an 80 percent or more loan-to-value ratio on their homes.

 

The author of this article is: realtormag.realtor.org

 See the original post at: http://realtormag.realtor.org/daily-news/2012/02/07/harp-20-could-help-67-m-more-borrowers

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