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Monday, November 14, 2011

'See which banks deny local home refinancings most often'

from sacbee....


"The home loan freeze continues to thaw, though tens of thousands of local residents are too far underwater to take advantage.

Banks denied about 22 percent of home loan refinancing applications last year, new federal data show. That's slightly lower than the denial rate from the previous year and way better than the nearly 50 percent denial rate during 2008, at the height of the financial crisis".........Read More


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