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Foreclosure Crisis: The Gov?t Response, Decoded

By Implode-Explode Heavy Industries

"..what was happening to the government?s other foreclosure-prevention efforts. Are borrowers still using them? FHA?s $300 billion Hope for Homeowners program isn?t seeing much action (so far, only a single homeowner has refinanced through the program), but some homeowners are finding relief through programs run by various government agencies, like the Department of Veterans Affairs."

Full post as published by Mortgage Lender Implode-o-Meter on April 30, 2009 (boomark / email).