FHFA Report - November 2013: Top 10 HARP Refinance States
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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.