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The Home Affordable Refinance Program (HARP): What you need to knowOn Monday, the federal government announced that it would revise the Home Affordable Refinance Program (HARP), implementing changes that The Washington Post's Zachary A. Goldfarb reported would “allow many more struggling borrowers to refinance their ... read more
President Obama to Announce New Program to Help Struggling Homeowners
The plan falls under the Home Affordable Refinance Program, which, the agency estimates, has helped already 894000 families. While administration officials say it will help thousands of homeowners, the program has its caveats. ... read more
Obama Promotes Mortgage Plan in Nevada, Where Foreclosures Are the Highest
It expands the Home Affordable Refinance Program, which was introduced in 2009 and limited to borrowers whose mortgages were no greater than 125 percent of the value of their homes. About 11 million borrowers owe more on their mortgages that their ... read more
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