The Senate has approved legislation that's intended to revive the little-used Hope for Homeowners FHA refinance program by providing incentive payments to loan servicers and originators. S 896, the Helping Families Save Their Homes Act, would also create a legal "safe harbor" for loan servicers who modify loans, protecting them from lawsuits by investors in mortgage-backed securities. Loan refinancings and modifications are at the heart of the Obama administration's "Making Home Affordable" plan, which seeks to help 9 million distressed homeowners avoid foreclosure. The older Hope for Homeowners loan refinance program, which was supposed to help 400,000 borrowers refinance into more affordable loans by late 2011, has done little business since kicking off in ...