HARP's unintended consequence

Mortgage assistance not just for those who need it?

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I always assumed the Obama administration housing platforms such as the Home Affordable Refinance Program (HARP) were intended for people who were having trouble staying in their homes due to sucker mortgages, home devaluations and/or loss of employment.

I also inferred from panicky news presentations that the incidents of foreclosures were so vast, numbering in the multimillions, that the banks were having trouble just getting to everyone who needed help.

As one e-zine article noted about HARP and loan modifications, "