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Expand the Home Affordable Refinance Program to all private mortgage lenders. Millions of households will benefit.

Created by P.A. on October 24, 2011

Expanding the Home Affordable Refinance Program to ALL private lenders enables millions of households to refinance at current low rates. The Obama Administration just extended HARP for Fannie and Freddie backed mortgages to up to 125% of appraised value, for qualifying homeowners. An Executive Order extending this program to ALL private mortgage lenders: 1. keeps people in their homes, even without loan principal reduction; 2. creates new cash flow for millions of households, which will directly impact consumer spending and savings, and 3. treats ALL Americans equally, instead of having a special class of homeowners that happened into Fannie or Freddie loans. Extending HARP to ALL mortgages is the essence of equality and will boost the economy. A popular result for the President

Economy & Jobs
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