New Housing Refinance Options Lift Cap On Eligibility, Says Donovan

Housing and Urban Development (HUD) Secretary Shaun Donovan explains that the new new refinance options lift the refinancing eligibility cap under President Obama’s Home Affordable Refinance Program (HARP) to include even those homeowners who are more than 25 percent underwater (0:15).

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HUD Secretary Announces New Housing Refinance Options

Housing and Urban Development (HUD) Secretary Shaun Donovan announces the Federal Housing Finance Agency’s (FHFA) new housing refinance options to supplement President Obama’s Home Affordable Refinance Program (HARP) (0:56).

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