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Th e M Rep o RT | 55 O r i g i nat i O n s e r v i c i n g a na ly t i c s s e c O n da r y m a r k e t ANALYTICS around the u. s. Source: fhfa Nevada 49.1% 56,528 115,153 Florida 38.7% 268,956 695,481 Arizona 35.3% 143,804 406,837 Michigan 33.3% 196,324 587,891 Georgia 30.3% 142,494 469,424 Idaho 26.2% 26,637 101,600 Minnesota 22.7% 103,273 454,294 Oregon 20.9% 66,672 319,204 Washington 19.4% 120,600 622,772 Rhode Island 19.2% 11,964 62,428 Illinois 19.1% 191,666 1 million Delaware 18.4% 12,129 65,817 Ohio 18.3% 107,025 584,293 New Hampshire 18.2% 19,002 104,497 Maryland 18% 82,960 461,455 Utah 17.2% 39,346 227,803 South Carolina 16.2% 35,471 218,953 New Mexico 15.3% 14,986 97,983 New Jersey 14.9% 86,870 583,844 Virginia 14% 85,811 614,373 North Carolina 13.5% 73,556 543,989 California 13.4% 403,371 3 million Connecticut 13.4% 31,133 231,772 Alabama 12.5% 23,838 190,359 Missouri 12% 48,173 402,301 Mississippi 11.9% 9,392 78,996 Tennessee 11.7% 31,296 267,953 Maine 11.5% 8,127 70,942 West Virginia 11.3% 5,367 47,318 Colorado 11.1% 54,175 489,598 Indiana 10.9% 39,478 363,224 Arkansas 10.7% 11,569 107,665 Hawaii 10.5% 8,225 78,590 Pennsylvania 10.1% 61,271 607,366 Massachusetts 9.4% 56,441 598,372 Wisconsin 9.2% 55,317 599,194 New York 9.1% 63,068 694,304 Kansas 7.8% 10,612 136,257 Montana 7.6% 5,804 76,256 Texas 7.6% 66,225 868,966 Louisiana 7.2% 11,545 161,459 Wyoming 6.9% 2,529 36,714 District of Columbia 6.5% 3,142 48,416 Kentucky 6.3% 12,584 200,665 Oklahoma 6.2% 7,451 119,274 Nebraska 5.8% 6,771 116,937 Iowa 5.3% 10,868 205,918 Vermont 4.7% 2,360 50,121 Alaska 4.6% 2,005 43,602 South Dakota 3% 1,482 49,890 North Dakota 1.6% 521 32,882 ToTal refinances (since HarP began) sTaTe HarP refinances PercenTage of HarP refinances In 2009, the home Affordable Refinance program (hARp) was touted as the savior for homeowners drowning in mortgage debt. But, recent data shows that while it has helped many Americans, it may have only been a drop in the bucket for total refinances across the country. staying above Water