Some more good reading about the pro’s and con’s of the new 125% refinance loans…… naked capitalism: Is the new affordable FHFA loan program predatory lending? Yves said her piece about the new affordable FHFA program to allow home ‘owners’ in negative equity to stay in their homes…….. I have another angle too. You’ll notice I mentioned Maria is no financial wizard. She probably does not appreciate the intricacies of mortgage finance. Here are two points to consider. 1. In the state