Fannie, Freddie See Q4 HARP Loan Volume Tick Up

Refinance activity ticked up for ""Fannie Mae"":http://www.fanniemae.com/portal/index.html and ""Freddie Mac"":http://www.freddiemac.com/ during the fourth quarter, showing an increase in interest for the Home Affordable Refinance Program (HARP) over last year.

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The ""Federal Housing Finance Agency"":http://www.fhfa.gov/ (FHFA) released the results Monday in a Foreclosure Prevention and Refinance Report for the last quarter.

Total HARP refinance volume came to include more than 1,021,800 loans, with a cumulative rise by 10 percent for the GSEs in the fourth quarter.

Of these, Fannie Mae netted 376,365 in refinance loans, a measure of 2,045,777 HARP loans it saw last year.

Freddie Mac fielded 112,050 in refinance loans for December, closing the year with 1,183,305 in mortgages that traded up on their interest rates.

The GSEs saw a combined 376,365 in December last year, a reflection of 3,229,082 HARP loans from 2011.

Streamlined refinance loans ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô those ineligible to qualify for HARP ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô reached 81,820 for the companies in December, with 52,011 for Fannie Mae and 29,809 for Freddie Mac.

For the entire year, the two saw 784,854 in non-HARP loans, according to the report.