Industry NewsMortgage

Hope for Homeowners program launches

Government, industry programs take aim at foreclosures
Published on Oct 2, 2008

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by CareyBot

Hope for Homeowners, a program created by Congress to assist homeowners at risk of loan default and foreclosure that will allow some homeowners to refinance into more affordable FHA-insured mortgages, launched Wednesday. An estimated 400,000 homeowners could avoid foreclosure through ...