FHFA Report - November 2013: Top 10 HARP Refinance States

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#10) Virginia HARP Refinances Virginia’s current population is 8,260,405. There were a total of 1,646 HARP refinance loans with LTVs greater than 125% (Year-to-Date November 2013). The overall HARP volume for Maryland was 23,624. Maryland’s average LTV according to a CoreLogic report was 62.8%. There are 6.4 million home with negative equity nationwide today, VA’s negative equity is 11.5% out of 1,360,000 total mortgaged properties.

Transcript of FHFA Report - November 2013: Top 10 HARP Refinance States

#10) Virginia HARP Refinances

Virginia’s current population is 8,260,405. There were a total of 1,646

HARP refinance loans with LTVs greater than 125% (Year-to-Date

November 2013). The overall HARP volume for Maryland was 23,624.

Maryland’s average LTV according to a CoreLogic report was 62.8%.

There are 6.4 million home with negative equity nationwide today, VA’s

negative equity is 11.5% out of 1,360,000 total mortgaged properties.

#9) Maryland HARP Refinances

Maryland’s current population is 5,928,814. There were a total of

4,323 HARP Refinance Loans with LTVs greater than 125% (Year-to-

Date November 2013). The overall HARP volume for Maryland was

23,716. Maryland’s average LTV according to a CoreLogic report was

64.1%. There are 6.4 million home with negative equity nationwide

today, MD’s negative equity is 15.6% out of 1,371,000 total mortgaged

properties.

#8) Washington HARP Refinances

Washington’s current population is 6,971,406. There were a total of

3,496 HARP Refinance Loans with LTVs greater than 125% (Year-to-

Date November 2013). The overall HARP volume for Washington was

27,685. Washington’s average LTV according to a CoreLogic report

was 61.1%. There are 6.4 million home with negative equity

nationwide today, WA’s negative equity is 9.0% out of 1,439,000 total

mortgaged properties.

#7) Ohio HARP Refinances

Ohio’s current population is 11,570,808. There were a total of 2,988

HARP refinance loans with LTVs greater than 125% (Year-to-Date

November 2013). The overall HARP volume for Ohio was 34,606.

Ohio’s average LTV according to a CoreLogic report was 72.0%.

There are 6.4 million home with negative equity nationwide today, OH’s

negative equity is 18.0% out of 2,145,000 total mortgaged properties.

#6) Arizona HARP Refinances

Arizona’s current population is 6,626,624. There were a total of 12,651

HARP Refinance Loans with LTVs greater than 125% (Year-to-Date

November 2013). The overall HARP volume for Arizona was 40,839.

Arizona’s average LTV according to a CoreLogic report was 71.8%.

There are 6.4 million home with negative equity nationwide today, AZ’s

negative equity is 22.5% out of 1,309,000 total mortgaged properties.

#5) Illinois HARP Refinances

Illinois’ current population is 12,882,135. There were a total of 12,989

HARP refinance loans with LTVs greater than 125% (Year-to-Date

November 2013). The overall HARP volume for Illinois was 49,598.

Illinois’ average LTV according to a CoreLogic report was 68.0%.

There are 6.4 million home with negative equity nationwide today, IL’s

negative equity is 17.7% out of 2,220,000 total mortgaged properties.

#4) Georgia HARP Refinances

Georgia’s current population is 9,992,167. There were a total of12,153

HARP Refinance Loans with LTVs greater than 125% (Year-to-Date

November 2013). The overall HARP volume for Georgia was 51,802.

Georgia’s average LTV according to a CoreLogic report was 71.1%.

There are 6.4 million home with negative equity nationwide today, GA’s

negative equity is 17.8% out of 1,631,000 total mortgaged properties.

#3) Michigan HARP Refinances

Michigan’s current population is 9,895,622. There were a total of

12,270 HARP Refinance Loans with LTVs greater than 125% (Year-to-

Date November 2013). The overall HARP volume for Michigan was

57,100. Michigan’s average LTV according to a CoreLogic report was

68.8%. There are 6.4 million home with negative equity nationwide

today, MI’s negative equity is 17.7% out of 1,381,000 total mortgaged

properties.

#2) Florida HARP Refinances

Florida’s current population is 19,552,860. There were a total of

39,899 HARP refinance loans with LTVs greater than 125% (Year-to-

Date November 2013). The overall HARP volume for Florida was

102,552. Florida’s average LTV according to a CoreLogic report was

72.3%. There are 6.4 million home with negative equity nationwide

today, FL’s negative equity is 28.8% out of 4,072,000 total mortgaged

properties.

#1) California HARP Refinances

California’s current population is 38,332,521. There were a total of

32,592 HARP Refinance Loans with LTVs greater than 125% (Year-to-

Date November 2013). The overall HARP volume for California was

110,320. California’s average LTV according to a CoreLogic report

was 65.0%. There are 6.4 million home with negative equity

nationwide today, CA’s negative equity is 8.5% out of 1,160,000 total

mortgaged properties.