Freddie Mac Dispels 9 Myths about HARP

Freddie Mac - HARP Dispelling the MythsSince its implementation in April 2009, the Home Affordable Refinance Program (HARP) has helped over 2.9 million borrowers refinance their deeply underwater mortgages, helping to reduce their monthly payments and maintain ownership of their homes. Nevertheless, not as many borrowers with mortgages backed by Freddie Mac and Fannie Mae have taken advantage of HARP, even since its most significant revisions were implemented in 2011. 

In an effort to help educate homeowners who may be eligible to refinance through HARP, but may believe they would not qualify, senior vice president of Freddie Mac, Tracy Mooney, dispels 9 myths about HARP. Learn more at

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