Tuesday, January 22, 2013

HARP Petition: For those of you who aren't aware of it, the White House has a petition filing place on its web site that allows anyone to file and/or sign a petition to the White House on any subject. If the number of signatures reaches, the WH will reply to it. Now, this doesn't in any way have the force of law, but if enough signatures land on a petition, it CAN lead to someone initiating the process that would lead to a law. Currently, a petition has been established to eliminate the HARP eligible mortgage cutoff date. Under HARP, to be eligible, your mortgage has to have been in force no later than March 31, 2009. Under the petition, if it ever led to a law, this date would cease to be a cutoff and any eligible mortgage would be able to apply for HARP program relief. So, what to do? SIGN--NOW!

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