More Flexible H4H Guidelines As HUD Stumps for Foreclosure Alternatives
October 11, 2008
Lenders this week called for some flexibility in the government’s $300 billion borrower-rescue scheme HOPE for Homeowners, particularly in the sharing of future equity gains on refinanced properties that could make voluntary writedowns more palatable.The suggestion came up at a national housing summit sponsored by the Department of Housing and Urban Development during discussions of...