WHAT IS MAKING HOME AFFORDABLE (MHA) ALL ABOUT?
Making Home Affordable (MHA) Program is a critical part of the Administration’s broad strategy to help homeowners avoid foreclosure and stabilize the nation’s housing market.
Eligible homeowners can lower their monthly mortgage payments and get into more stable loans at today’s low interest rates. And for those homeowners for whom ownership is no longer affordable or desirable, the program can provide a way out that avoids foreclosure. There are also options for unemployed homeowners and homeowners who owe more than their homes are worth.