Panama City Beach Real Estate Market Conditions
Panama City Beach Real Estate Information | Market Conditions | Boating and Fishing

2.10.08 » New Fed Program-HOPE for Homeowners Avoid Foreclosure

Hi folks,

A new program rolled out by HUD could help some homeowners avoid foreclosure. Under the program, the lender of an existing subprime mortgage forgives part of the debt, and the balance is rolled into a fixed-rate FHA mortgage.  Read more... (179 words, 1 image, estimated 43 secs reading time)