CoreLogic: 2.3M homeowners may qualify for 'HARP 2.0'

Reports suggest lenders are finding refis profitable

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Lenders are finding they can make a bundle refinancing underwater homeowners under the Obama administration’s revamped Home Affordable Refinancing Program (HARP), and CoreLogic has rolled out a new service that helps loan originators identify eligible borrowers.

CoreLogic HARP 2.0 lead-list service searches the company’s vast loan database, applying automated valuation models (AVMs), lien information, and other analytics to identify more than 2.3 million borrowers CoreLogic says have a "strong likelihood" of potential eligibility for HARP refinancing.