Urban Institute: Here's how HARP gave a much-needed revamp to the refinance market

The number of times the government extended its Home Affordable Refinance Program from its original end date in 2013 is almost comical. However, there’s good intention behind each extension. According to a new blog from the Urban Institute, not only has the government refinance program saved borrowers billions of dollars, but it has also created a better foundation for refinancing government loans going forward.