By Bruce Krasting (Guest Post)
There were three important developments in mega mortgage refinancing story in the past week. Clearly there is something in the works. The questions are, “What?” and “How big?” This first sign came from the Presidents’ speech. He spoke of a ReFi. But he had not one word of detail. Still there are clues: “My administration can and will take some steps to improve our competitiveness on our own. We’re going to work with federal housing agencies to help more people refinance their mortgages at interest rates that are now near 4 percent. I know you guys must be for…
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