To the Point
Underwater Homeowners Get a Boost
The so-called Home Affordable Refinance Program was expected to help some five million owners when it was started in 2009, but it's only reached about 800,000. Today in Las Vegas, President Obama was expected to tell distressed homeowners about an expansion to HARP to allow more underwater mortgages to be refinanced.
By Warren Olney • • 1 min readThe so-called Home Affordable Refinance Program was expected to help some five million owners when it was started in 2009, but it's only reached about 800,000. Today in Las Vegas, President Obama was expected to tell distressed homeowners about an expansion to HARP to allow more underwater mortgages to be refinanced. George Condon is White House Correspondent for the National Journal.
