The program is called FHA Secure. 60000 borrowers who have fallen behind on payments, because their mortgage rates reset higher would be able to refinance FHA insured loans. This is a big change as the FHA as it currently does not now ...

President Bush on FHA& Foreclosures
These groups include community organizations like NeighborWorks and mortgage lenders and loan services, and the FHA, as well as government-sponsored enterprises like Fannie Mae and Freddie Mac. These organizations exist to help people ...