In the fifth century, Pope Symmachus built a papal palace close to the Old St. Peter's Basilica which served an alternative residence to the Lateran Palace. The construction of a second fortified palace was sponsored by Pope Eugene III and extensively modified under Pope Innocent III in the twelfth century.
While many of the Making Home Affordable programs are now set to expire on December 31, 2016, HARP is scheduled to last through December 31, 2015. To find out if you are eligible for HARP, call your mortgage servicer.
HARP 2.0 was created in December 2011. This program allows homeowners who owe more than 125% of their homes value to refinance. Previous HARP LTV limits were 125%. In order to qualify for the program, other criteria must be met. Please discuss these with your loan originator. This means that if someone owed $125,000 on a property that is currently worth $100,000, they would still be able to refinance and potentially obtain a lower interest rate.