HARP 3.0 Count Up Clock:
Failure of The Obama Administration, Congress, The FHFA, and Other Policy Makers To Implement HARP 3.0 Has Now Reached 2585 days 15 hours 30 minutes 49 seconds
Please click here to sign the HARP 3.0 Count Up Clock Petition
The Petition has passed the one week mark, and now we are in the media blitz phase. Yesterday I sent out a press release to inform the media about the HARP 3.0 Count Up Clock. For this to be successful we really need some media attention. Click here to view the press release.
I need your help to make this thing take off. If you support HARP 3.0 and you want to do something to make it happen, send me an email. My address is marcus(at)makeharp3happen(dot)com.
Underwater homeowners need to fight for this. Nothing is going to be given to us. In fact, what little assistance that was available to us is being taken away. In 2010 $7.8 billion in “Hardest Hit Funds” were distributed to 18 states to assist struggling underwater homeowners. This money was intended for mortgage relief. States have instead been using the money to demolished blighted properties. Indiana, Michigan, and Ohio have decided instead of distributing money to homeowners headed for foreclosure that they would prefer to destroy homes abandoned by people who have already been kicked out of their houses. Other states are sure to follow suit.
A further insult to underwater homeowners is the expiration of the Mortgage Forgiveness Debt Relief Act. The law provided a tax exemption for mortgage debt forgiveness. The exemption expired on December 31, 2013. As it stands now any mortgage debt that is forgiven through a loan modification or short sell is treated as taxable income.
It is time to stand up and fight this insanity! We need to send message. The HARP 3.0 Count Up Clock Petition is your opportunity to be heard. Tell the President, Congress, and other policy makers that enough is enough. We’ve been waiting too long for HARP 3.0. We need it now!
As a final note, don’t forget to support underwater homeowners that own small businesses. I recently wrote about Andrea Greene and the Connecticut Cookie Company. Eating cookies might not Make Harp 3.0 Happen, but they do taste yummy. So go buy some cookies.