WASHINGTON (9/24/13)--HGTV personality and star of "Power Broker" Mike Aubrey has signed on with the Federal Housing Finance Agency to help spotlight the agency's nationwide effort to better educate underwater homeowners about the mortgage relief that may be sought through the Home Affordable Refinance Program (HARP).
"To date, more than 2.8 million homeowners have refinanced through HARP," said FHFA Acting Director Edward J. DeMarco. "With the launch of this campaign we look forward to reaching those homeowners who may not know about the program or understand the eligibility criteria to take advantage of today's low interest rates by refinancing through HARP."
As part of this campaign, FHFA has launched a new website, www.HARP.gov, and is working with mortgage companies across the U.S.
To be eligible for a HARP refinance, homeowners must meet the following criteria:
The FHFA and the U.S. Department of the Treasury introduced HARP in early 2009 as part of the Making Home Affordable program.