Refinancing: Helping Responsible Homeowners Save Money

Published: April 25, 2012

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Michael Calhoun
Date Filed: April 25, 2012

Interest rates are at historic lows, but many homeowners who could benefit from these low rates have not refinanced their higher-rate mortgage. In this testimony, CRL President Michael Calhoun recommends expanding the Home Affordable Refinance Program (HARP) to prevent unnecessary foreclosures and boost economic recovery.