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Refinancing: Helping Responsible Homeowners Save Money

April 25, 2012
Mortgage Lending
Testimony

Interest rates are at historic lows, but many homeowners who could benefit from these low rates have not refinanced their higher-rate mortgage. In this testimony, CRL President Michael Calhoun recommends expanding the Home Affordable Refinance Program (HARP) to prevent unnecessary foreclosures and boost economic recovery.