make a formal request to FHFA Director Edward DeMarco to extend the securitization cut off date for HARP eligibility.

Under the Home Affordable Refinance Program (HARP) The Director of The Federal Housing Finance Agency has authority to extend or eliminate the eligibility cutoff date. Currently the date is set as 5/31/09. Many responsible home owners are unable to take advantage of the program to reduce their mortgage rates because of this date. On 3/17/12 HARP was revamped (HARP 2.0) and home owners were given the power to shop for the best rates. However, those who previously refinanced under the original program are not eligible because of the the arbitrary cut off date set by FHFA Director Edward DeMarco. Extending or eliminating the cutoff date and allowing home owners a second chance to take advantage of HARP would save thousands of Americans money that could be pumped back into the economy.