TheMReport — News and strategies for the evolving mortgage marketplace.
Issue link: http://digital.themreport.com/i/472534
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. ANALYTICS Source: Federal Housing Finance Agency. State total HaRP Volume HaRP loanS WitH 80-125% lt V Florida 302,065 205,279 96,786 California 431,161 344,011 87,150 Arizona 156,261 112,988 43,273 Michigan 216,705 185,394 31,311 Illinois 212,110 182,333 29,777 Nevada 62,462 35,432 27,030 Georgia 160,871 135,049 25,822 Maryland 92,571 83,116 9,455 Washington 129,272 119,899 9,373 Minnesota 111,436 104,863 6,573 New Jersey 96,801 90,630 6,171 Ohio 123,458 117,702 5,756 Oregon 71,372 66,563 4,809 Virginia 94,809 90,670 4,139 Idaho 28,793 25,288 3,505 South Carolina 40,696 37,991 2,705 New York 70,122 67,953 2,169 Massachusetts 61,647 59,479 2,168 Wisconsin 61,864 59,779 2,085 Missouri 55,167 53,196 1,971 Connecticut 35,406 33,469 1,937 Pennsylvania 70,272 68,435 1,837 Rhode Island 13,597 11,921 1,676 Utah 41,856 40,327 1,529 North Carolina 82,719 81,231 1,488 Colorado 57,879 56,804 1,075 Tennessee 35,828 34,995 833 New Hampshire 21,158 20,345 813 Alabama 28,137 27,348 789 Indiana 45,237 44,628 609 Hawaii 8,968 8,394 574 Texas 75,296 74,769 527 West Virginia 6,100 5,606 494 Delaware 13,501 13,077 424 Mississippi 11,086 10,722 364 Arkansas 13,116 12,811 305 New Mexico 17,294 17,046 248 Louisiana 13,474 13,268 206 Kansas 12,406 12,241 165 D.C. 3,447 3,286 161 Maine 9,283 9,147 136 Montana 6,242 6,110 132 Kentucky 14,491 14,393 98 Wyoming 2,814 2,736 78 Iowa 12,384 12,322 62 Oklahoma 8,710 8,651 59 Nebraska 7,795 7,771 24 Vermont 2,708 2,689 19 Alaska 2,200 2,191 9 South Dakota 1,591 1,584 7 North Dakota 551 549 2 HaRP loanS WitH moRe tHan 125% lt V Extending a Lifeline As the clock ticks down to the expiration of the Home Affordable Refinance Program at the end of this year, some in the industry are hoping FHFA will further extend eligibility for the program with "HARP 3.0"—but how many homebuyers would bite? MReport took a look at recent data to see just how many homebuyers in each state have taken advantage of the last HARP expansion, which lifted the cap on loan-to-value ratios. FNL_NXT