WATCH: FHFA Director Watt ensures HARP is not a scam”

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Tucker Carlson hosted Robert F. Kennedy Jr. last night on MSNBC’s The Situation. Kennedy has written an extensive new article in Rolling Stone which exposes how the the Republicans planned,

Other than that, everything is fine with your election system. Or, as WMUR "reported" at 6pm ET today: "The continuing Democratic primary recount in New Hampshire has not found any voting problems.".

The new offering will not be available to borrowers until October 2017. To ensure that high LTV borrowers who are eligible for HARP will not be without a refinance option while the new refinance offering is being implemented, FHFA is creating a bridge to this future program by extending HARP through Sept. 30, 2017.

Based on what the FHFA Director says,HARP is not a scam. It is important to understand what HARP is, HARP stands for Home Affordable Refinance Program. What this program does is it allows homeowner to refinance their properties to get their mortgage payment lowered. The average person who uses the HARP program can save up to $2,300 a year.

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Watt is right – HARP is not a scam. In fact, I have a friend who is in the program and he says it helped him save his house. The FHFA’s challenge is that there is a high number of HARP-related scams in the marketplace, which in turn is making some people think the program might be a scam.

IMVHO. It’s too bad we don’t get much coverage like this in the USA. But oh well. No big surprise there. It’s not the first time our news media have let us down, and it won’t be the last. My thoughts.

Corker: FHFA Should Not Hinder Congressional Housing Finance Reform Efforts FHFA established the Suspended Counterparty Program (SCP) to help address the risk to Fannie Mae, Freddie Mac, and the Federal Home Loan Banks presented by individuals and entities with a history of fraud or other financial misconduct.

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I want to see Republicans turn RED, not because of party loyalty, but because of humiliation that they could have let their quest for power and respectability lead them down the path of utter failure.

"HARP is designed to reward those borrowers who are the most committed in this country. This is not a scam," Watt said.

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