To Agnes Crane, the floated plan to refinance homeowners into lower rates sounds like a...

|By:, SA News Editor

To Agnes Crane, the floated plan to refinance homeowners into lower rates sounds like a regurgitation of the failed HARP and HAMP programs. To implement such an operation requires hurdling severe bureaucratic and operational issues, and it probably wouldn't work anyway. "Better ... to deploy precious capital, real and political, elsewhere."