Definition
Umbrella federal program combining HAMP and HARP to provide loan modification and refinancing assistance to struggling homeowners.
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Find my pathAbout this term
Making Home Affordable (MHA) coordinated HAMP modifications and HARP refinancing for homeowner relief. Program provided comprehensive approach to housing crisis response. Homeowners could evaluate modification or refinancing options. Servicers handled applications and counseling. Program reached millions with assistance. Implementation varied by servicer quality. Prevented significant foreclosure volume. Program largely concluded but served important historical role in crisis response.
Pro Tip
Contact servicer about continuing loan modification and refinancing programs.
Example
Making Home Affordable offered modification and refinancing options to homeowners facing payment difficulty.