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Mortgage-aid revisions paying off for lenders and some borrowers

Newsletter_MarketMatters_newspaper.JPG  Los Angeles Times

Changes to streamline the Home Affordable Refinance Program are helping some underwater homeowners get lower-interest loans.  Those still-above-market rates, meanwhile, are boosting banks’ profits.

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Published Friday, May 11, 2012 6:31 AM by Gail Griffin, GRI, e-PRO
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