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FCIC draws on a variety of sources to bring you useful consumer news, tips and advice.

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FHA Reaching Out To 675,000 At-Risk Homeowners In Second Phase Of Direct Mail Campaign

HUD's Federal Housing Administration (FHA) is mailing hundreds of thousands of letters to homeowners at risk of losing their homes through foreclosure and urging them to consider a safer, more affordable alternative to the high-cost mortgages they are currently paying. The first round of 280,000 letters was mailed in February. FHA's public awareness campaign will continue through September, ultimately reaching 850,000 distressed homeowners. Read more...

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