PITI Reduction

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January 1, 1 5 min read Definitions

Homeowner Affordability and Stability Plan (HASP) U.S.

HASP Homeowners Affordability Foreclosure Prevention Loan Modification Housing Act PITI Reduction Fannie Mae Freddie Mac

The Homeowners Affordability and Stability Plan (HASP), announced by the U.S. government on February 18, 2009, aims to assist up to 9 million homeowners in avoiding foreclosure through cost-sharing and incentives, funded largely by the Housing and Economic Recovery Act of 2008.

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