As the housing market continues to transition, President Bush is helping responsible homeowners across America through a series of targeted actions. This past fall, he announced the creation of FHASecure - a program which gives HUD's Federal Housing Administration (FHA) greater flexibility to help Americans by offering more home mortgage financing and refinancing options. Today, the President was pleased to learn that over 100,000 Americans have turned to FHASecure to refinance their homes and avoid foreclosure since FHASecure was launched last fall. This program remains on track to help 300,000 Americans by the end of this calendar year.
More...
