HARP Mortgage for Hopeless Home Owners

The US housing bubble burst left people with many difficulties and worries in the year of 2006. Due to this crisis, a lot of people saw that the price of their new house had dropped below the mortgage price. This situation caused great distress among home owners and became a major cause of concern from the government. This program was launched in March 2009 by federal housing finance agency and it is commonly known as HARP.

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