The HARP 2.0 Program seems to have finally found it footing after stumbling with the initial HARP program that began in 2009. It is now being seen as a success and some in congress will like to make it a greater success by expanding the program and further reducing/eliminating fees and requirements.
Tim Manni, a writer for HSH.com states:
HARP’s Success Could Grow Greater
Despite the increased interest in the HARP program, some lawmakers believe the program has even more room to grow.
Senators Robert Menendez (D-N.J.) and Barbara Boxer (D-Calif.) have reintroduced a bill that would essentially revamp HARP 2.0 allowing even more borrowers to participate.
To some the continued removal of requirements seem a bit excessive. Will these changes help or will they hurt? To read the entire article visit HSH.com