I closed on my condo in October 20009. I am underwater on my value, r they goin to extend the harp 2.0 closing date?

Currently there are not any plans to move the required GSE acquisition date of May 31, 2009. It would probably be very unlikely. I would suggest that you contact a real estate professional to determine your best options (ie. hold, modification, short sale, etc).

I can help you. Give me a call or email me Correa@compassmortgagellc.com(cell 863-698-4962)

I may be able to help...Give me a call 863-698-4962 or email me at correa@compassmortgagellc.com

In an effort to reach more U.S. homeowners, the government revamped and relaunched its Home Affordable Refinance Program (HARP) October 24, 2011 -- one year ago last week. By all accounts, "HARP 2.0" has been a success.More than 1,000,000 underwater homeowners will use the reformulated HARP program this year -- a pace that's nearly three times what HARP did on its initial release.Meanwhile, with mortgage rates at all-time lows, the timing of HARP 2 could not better. HARP-using households are making huge savings. HARP 2 : The "Underwater Mortgage" RefinanceThe Home Affordable Refinance Program was first created as part of the government's Making Home Affordable program. It was February 2009 and the U.S. economy was less than 6 months removed from the collapse of Lehman Brothers, the fall of Merrill Lynch, and the movement of Fannie Mae and Freddie Mac into conservatorship.As part of a broader plan to stabilize housing, HARP was born.Much like the successful FHA Streamline Refinance available to FHA-insured homeowners; and the VA Streamline Refinance available to VA-backed homeowners, the Home Affordable Refinance Program sought to waive the income verifications and appraisals typically required by a mortgage underwriters, giving homeowners an unobstructed path to refinance.HARP's key feature was that homeowners would not be required to take on mortgage insurance payments with a refinance if respective mortgages were now over 80% loan-to-value (LTV). If you didn't pay PMI before using HARP, you wouldn't have to pay PMI after using HARP.I specialize in Harp Refinances. If I can't help you I can explain to you what to do to Modify your home, or I can refer you to a Reator that can assist you in a Short Sale.

fIRST, were are you on your interest rate? linda