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Home » H4H Rules Out but Program Use Still Appears to Be a ‘Last Resort’
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H4H Rules Out but Program Use Still Appears to Be a ‘Last Resort’

October 6, 2008
The Bush administration last week unveiled details of the $300 billion borrower-rescue program authorized under the 2008 housing act, but whether it can generate significant volume still remains to be seen. Guidelines were issued Oct. 1 by the board overseeing the HOPE for Homeowners program in two mortgagee letters, ML 2008-29 and 2008-30. The H4H program, a crucial component of the...
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