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Real Estate & Property Law

: Housing Wire

Mid-Tier Lenders Shut Out of Hope for Homeowners, Sources Say

By DIANA GOLOBAY

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The Hope for Homeowners program, enacted three months ago along with the housing bill passed in July and officially effective on Oct. 1, targets borrowers at risk of default and foreclosure, and helps them “refinance into more affordable, sustainable loans,” according to the U.S. Department of Housing and Urban Development Web site. The way it’s supposed [...]

Full post as published by Housing Wire on November 04, 2008 (boomark / email).

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