Democratic senators plan bill overhauling HARP

04/25/2012 | Hill, The

Sens. Bob Menendez, D-N.J., and Barbara Boxer, D-Calif., have released draft legislation that would make it easier for homeowners with Fannie Mae and Freddie Mac mortgages to refinance under the Home Affordable Refinance Program. The bill would prohibit certain fees associated with refinancing and eliminate appraisal costs, among other things.

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Hill, The

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