HELPING MANAGE NEGATIVE EQUITY PROPERTIES WITH THE HARP LOAN PROGRAM
This program is still available but we do not see many of them here in Vermont. We were pretty well insulated from the enormous run off in property values during the Subprime crisis of 2007-2010. But it is available and we do have access to it if it might help you out.
Here is some more information on it.
The Home Affordable Refinance Program (HARP) is a federal program of the United States, set up by the Federal Housing Finance Agency in March 2009, to help underwater and near-underwater homeowners refinance their mortgages. Unlike the Home Affordable Modification Program (HAMP), which assists homeowners who are in danger of foreclosure, this program benefits homeowners whose mortgage payments are current, but who cannot refinance due to dropping home prices in the wake of the U.S. housing market correction.