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Real Estate & Property Law

: Housing Wire

Cash-In Refis Grow; Lenders Taking Lumps?

By KELLY CURRAN

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It appears lenders may be willing to take a hit on loan modifications, according to data released late last week by Freddie Mac (FRE: 1.02 -0.97%). The GSE reported the largest cash-in share — where the refinanced loan is less than the original loan it paid off — in three years, while cash-out refinancing continued [...]

Full post as published by Housing Wire on November 03, 2008 (boomark / email).

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