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Refinancing

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PMI Expands Refi-to-Mod Program 

Jun 25, 2009By

The refinance branch of the Obama administration’s Making Home Affordable Program is currently limited to loans that are worth up to 105% of the property and that are owned or guaranteed by government-sponsored agencies Fannie Mae [stock FNM][/stock] and Freddie Mac [stock FRE][/stock].