Don't lose your home! Here is some guidance on default and foreclosure prevention.
The President has signed into law legislation that will allow HUD's Federal Housing Administration (FHA) to continue providing targeted mortgage
assistance to homeowners. The Hope for Homeowners program will continue FHA's existing and successful efforts to provide aid to struggling families
trapped in mortgages they currently cannot afford. Under the program, certain borrowers facing difficulty with their mortgage will be eligible to
refinance into FHA-insured mortgages they can afford. The program will be implemented on October 1, 2008.
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