foreclosure bailout: Hope For Homeowners-There is a solution..... - 10/30/08 03:04 AM
Well it's close to the end of the month and still no national lenders have committed to lend under the new HOPE FOR HOMEOWNERS being proposed by FHA/HUD. It's really not hard to understand why no national and/or regional lenders have stepped up to the plate to finance under the program. After reading, in detail, about what risks to a new lender are and what little future benefits a new lender would get, it not hard to really truly understand the problem. Unless the government adjusts some detail about this program its hard for us to see any lenders stepping up … (1 comments)

Ronald A. Giannamore (Mortgage Services, Inc.) Rainmaker large

Ronald A. Giannamore

Westport, CT

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