Federal Reserve chairman Ben Bernanke is pressuring the Federal Housing Finance Agency (FHFA) to take additional steps to make the newly implemented Home Affordable Refinancing Program (HARP) 2.0 program more accessible for homeowners with GSE loans.

In a letter to congressional leaders, Bernanke points out that FHFA has taken a number of recent steps to improve the HARP but added, "Nonetheless, more might be done," to lower refinancing fees and "more comprehensively" reduce loan putback risk.

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