On October 24, the FHFA released a series of changes to the Home Affordable Refinance Program (HARP) in order to attract more eligible borrowers.  The changes to the program include: (i) the elimination and/or lowering of certain fees for borrowers; (ii) the removal of the LTV ceiling for fixed-rate mortgages backed by Fannie and Freddie; (iii) a waiver of certain representations and warranties with respect to loans owned or guaranteed by Fannie and Freddie; and (iv) the elimination of the requirement to obtain a new property appraisal in certain circumstances.  The end date of the HARP program has been extended through December 31, 2013 for loans originally sold to the GSEs on or before May 31, 2009.  The GSEs will issue guidance on the operational details of the changes by November 15.  FHFA Release.