Will Homeowners Really Be Helped by New HARP Changes?

Recently the Obama administration announced changes to the Home Affordable Refinance Program (HARP) that are aimed at helping homeowners refinance mortgages, even when there is no equity in their homes. Their goal is to help the millions of homeowners and prevent more foreclosures, but what is involved and will it really work? Some of the…

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Can the Government Really Help Struggling Homeowners?

The Obama administration announced yesterday that it is going to try yet again to push lenders to assist struggling homeowners with loan modifications. Are they planning on doing something different? Is there some magic noose that they have around the lenders’ necks that they will tug a little tighter on? Or maybe they are going…

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