Home Affordable Refinance Program (HARP) HARP enables borrowers who owe more than their home is worth to take advantage of low interest rates and other refinancing benefits.

As you may know, HARP enables borrowers who owe more than their home is worth to take advantage of low interest rates and other refinancing benefits.

It also will provide sophisticated money management services intended to enable borrowers, lenders and investors to hedge against swings in interest rates and exchange rates.

By extending credit, the banks enabled weak corporate borrowers to keep making their interest payments, and to put off bankruptcy.

Since the 1960's the I.M.F. has offered a Compensatory Financing Facility that has enabled borrowers to borrow somewhat more money if faced with lower commodity prices.

Typically, gemachs also offer favorable repayment terms, enabling borrowers to repay the loan over a long period of time, in keeping with the imperative of "doing kindness."

But corrupt courts have enabled borrowers to elude foreclosure, and political interference and xenophobia have hobbled efforts to return I.B.R.A.'s assets to the private sector.