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Nasdaq, S&P Turn Positive for 2010 - CNNMoney.com -- Stocks jumped Monday, with the Nasdaq and S&P 500 pushing back into positive territory for the year, as investors welcomed AIG's $35 billion asset sale and a pair of mergers in the pharmaceutical sector.

Signs that a Greek bailout package is in the works also came into play. The Dow Jones industrial average gained about 79 points, or 0.8%. The S&P 500 index added 11 points, or 1%, and the Nasdaq composite jumped 35 points, or 1.6%.

Both the S&P 500 and the Nasdaq ended in positive territory for the year for the first time in over a month.

FHFA Extends High LTV Refinance Program into 2011 -  Homeowners who hope to refinance existing mortgages that are "underwater" just got a reprieve that will allow them another year to do so.  The Federal Home Financing Agency announced Monday that its Home Affordable Refinance Program (HARP), which was originally set to expire on June 30, 2010, will be extended to June 30, 2011.

HARP, part of the Making Home Affordable Program, is designed to expand access to refinancing for otherwise qualified borrowers who cannot move into more affordable mortgages because of a lack of equity in their homes.  Unlike other homeownership assistance programs, HARP guidelines are designed for borrowers who are current on their mortgages.  The program was originally designed to help homeowners with a loan-to-value (LTV) ratio up to 105 percent including those with some equity but not enough to refinance without private mortgage insurance.  Last October that LTV figure was revised upward to 125 percent.