Latest HARP program for underwater mortgages ramping up ...

"HARP 2.0," the second version of the federal mortgage refinancing program, comes with streamlined processing, but some key issues could hinder borrower participation.

The most ambitious federal mortgage program to date aimed at millions of underwater homeowners is poised to take off in the coming two weeks, yet some key issues could hinder borrower participation. One of them involves something most owners know nothing about: Who was your mortgage insurer on your underwater loan?

Source: http://www.realestateclubla.com/real-estate-news/la-times-real-estate/latest-harp-program-for-underwater-mortgages-ramping-up/

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