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Sunday, November 23, 2008

HUD FORECLOSURE PROGRAMS

HUD is revamping two programs intended to help at-risk homeowners avoid foreclosure. Rules changed yesterday for the HOPE for Homeowners program, which only attracted 111 applications since its Oct. 1 debut. Changes to FHASecure will follow, HUD officials say. That program has helped only 4,000 homeowners in 15 months.

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