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HARP 2.0 is a federal program that allows homeowners with negative equity to refinance their mortgages without private mortgage insurance. Learn about the eligibility criteria, benefits, and history of HARP 2.0 and its possible extension to HARP 3.0.
The Homeowners Affordability and Stability Plan is a U.S. program announced on February 18, 2009, by U.S. President Barack Obama.According to the US Treasury Department, it is a $75 billion program to help up to nine million homeowners avoid foreclosure, which was supplemented by $200 billion in additional funding for Fannie Mae and Freddie Mac to purchase and more easily refinance mortgages.
Making Home Affordable is a U.S. government program to help homeowners avoid foreclosure during the subprime mortgage crisis. It includes the Home Affordable Modification Program (HAMP), which modifies loans to make them more affordable for borrowers.
WASHINGTON -- The Obama administration is offering some relief to homeowners who have government-backed mortgages. Under a program President Barack Obama unveiled Tuesday, the government would cut ...
WASHINGTON -- President Barack Obama is aiming mortgage relief at members of the military as well as homeowners with government-insured loans, the administration's latest efforts to address a ...
A U.S. federal law that created programs to bail out failing financial institutions and banks during the Great Recession. It authorized the $700 billion Troubled Asset Relief Program (TARP), which purchased toxic assets and injected capital into banks, and faced public opposition and market volatility.
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