Federal regulators this week unveiled a home mortgage refinance program (Home Affordable Refinance Program or HARP 2.0) designed to help millions of homeowners whose home values have declined.  This program allows those homeowners whose mortgage is owned by FNMA or FHLMC that have higher interest rates to refinance to a lower interest rate regardless of their home value, provided that the homeowner has been making their payments on time.  Specific details to this program are expected to be announced in November, 2011.