Despite being in what it calls "the economic cross hairs" of a hard-pressed sand state, the $1.3 billion Arizona State Credit Union is getting a big bounce out of the new Home Affordability Refinance Program – HARP 2.

"The results have been outstanding for us," said Paul Stull, senior vice president of strategy and brand for the Phoenix credit union.

In less than 30 days Arizona State has taken in more than 350 applications for more than $52 million, Stull said.

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