Triangle Business Today

Underwater homeowners can get help

Posted March 4, 2010 5:57 p.m. EST

The Federal Housing Finance Agency announced an extension of the Making Home Affordable Refinance Program through June 30, 2011. The program – also known as HARP or Home Affordable Refinance Program – was set to expire in June of 2010.

This program offers consumers the ability to refinance their existing mortgage in the case they owe more on their mortgage than their house is worth.

About this Blog:

Jeremy Salemson, CEO of Corporate Investors Mortgage Group, blogs about economic trends and data and their impact on Triangle business. Each week, he interviews a Triangle-area business leader for a personal look at the local economy.