On October 1, the HOPE for Homeowners Program became effective. HOPE for Homeowners, which will be in effect until September 30, 2011, is a federal program created in order to help homeowners avoid foreclosure by allowing qualifying mortgagors, with the consent of the lender, to refinance into a government-insured fixed-rate thirty-year mortgage loan. In connection with the program’s launch, the Federal Housing Administration posted information on its website, including disclosure forms, fact sheets, links to mortgagee letters, and general information and guidance relating to the program.

http://portal.hud.gov/portal/page?_pageid=73,7601299&_dad=portal&_schema=PORTAL

http://portal.hud.gov/portal/page?_pageid=73,7601299&_dad=portal&_schema=PORTAL

http://portal.hud.gov/portal/page?_pageid=73,7606147&_dad=portal&_schema=PORTAL