The Home Affordable Refinance Program (HARP) was instituted by the government in early 2009 to provide borrowers who may not otherwise qualify for refinancing the ability to refinance their mortgages into a lower interest rate or to convert it into a more stable mortgage. With the passage of HARP, the Federal Housing Finance Authority and the Department of Treasury have sought to combat declining home values and a reduction in access to mortgage insurance. For borrowers, HARP is unique as compared to other refinancing options because it enables borrowers who owe more than their home is worth to take advantage of low interest rates and other refinancing benefits. HARP allows homeowners who were not already eligible to refinance, to do so. These changes included a reduction in fees for borrowers and the elimination of a cap that prevented “underwater” borrowers who owe more than 125 percent of what their property is worth from accessing the program. To be eligible for the HARP program, borrowers must meet the following criteria: 1. The existing mortgage must have been sold to Fannie Mae or Freddie Mac on or before May 31, 2009. 2. The current loan-to-value (LTV) ratio on the mortgage must be greater than 80% 3. Borrowers must be current on their mortgage payments with no late payment in the past 6 months and no more than one late payment in the past 12 months. 4. The borrower must not have had a mortgage that was previously refinanced using HARP. For more information, go to: If you believe you qualify for mortgage refinancing, call Fine, Olin & Anderman, LLP, at (855) 392-8662 and ask for the General Legal Department. Our statewide law firm, representing union members, their families and friends for over 40 years, has attorneys with many years of experience in Real Estate and other legal matters.

Dear Friends and Clients,

Our firm is dedicated to act with compassion, concern and commitment to our clients, community and colleagues. As such, we have been taking precautions to ensure that we are still fulfilling our ethical and moral obligation to our clients, while also ensuring the health and safety of our employees.

Until further notice, our offices will be closed to the public to encourage social distancing and to help prevent the spread of COVID-19. Our team is still hard at work, most from home, and you may still call, email, live chat or video conference us if you or a loved one is seeking legal assistance. As the first law firm to offer our clients secure online access to their case file more than a decade ago, we have always been believers in using technology to make life easier and information more accessible. In these present times it has been a smooth transition for us to continue to offer our clients the same seamless and thorough service that you deserve and are accustomed to.

This pandemic is unlike anything any of us have faced in our lifetimes, and while we can continue to emotionally support one another through it all, staying home and keeping your distance is vital to the health and wellness of our communities. It does not feel good to break routines, cancel events and retreat from our normal, day-to-day socializing, but let us remember that, in times of strife, prior generations were asked to go to war and we are simply being asked to stay home. Your isolation equals more lives saved, and more time for medical providers to prepare for the treatment of patients battling COVID-19.

When the dust settles, we will join together with a greater appreciation for the country we live in, local businesses, loved ones and health. Until then, we will continue to offer guidance and representation from a safe distance.

Very truly yours,

Marvin Anderman and the firm family of Fine, Olin & Anderman, LLP