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Refi Madness: The Heat is Frying your Brain

By Implode-Explode Heavy Industries

"It is a very hot August and the heat seems to be getting to people on Wall Street. In Washington the greater heat stems from fears about the impact of the economy and housing on the mid-term elections. As a result, Wall Street is expecting a big ?surprise? in the form of a massive GSE refinancing plan, an unbridled expansion of the unsuccessful HARP program."

Full post as published by Mortgage Lender Implode-o-Meter on August 07, 2010 (boomark / email).