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Archive for October, 2008

2.10.08 » New Fed Program-HOPE for Homeowners Avoid Foreclosure

Photo of Mike and Vivian

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.

This is a preview of New Fed Program-HOPE for Homeowners Avoid Foreclosure. Read the full post (176 words, 1 image, estimated 42 secs reading time)
October 2008
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