HUD to public; Your Confused

[hometowngrl53]

HUD To Public: You're Confused
by Peter G. Miller
HUD says that its newly-minted FHASecure program "has helped 33,000 homeowners prevent foreclosure in three months."

You might think that's great news. After all, President Bush said the FHASecure program "will allow American homeowners who have got good credit history but cannot afford their current payments to refinance into FHA-insured mortgages."


read here http://realtytimes.com/rtpages/20080...dconfusion.htm

[thohome]

Very good article thanks for posting. You love how they redifine the definitions of things to make them work..They can redifine all they want as long as it helps families keep there homes.

[badmomma]

Nice article. I hadn't heard this previously and thank you for sharing this information with us.

[flippinout]

What about the ones with not so great credit histories? Do they fall through the cracks as in so many other areas?