As I wrote in my earlier post that the new
FHA Secure Loan will not help many homeowners who are trying to
stop foreclosure.
Click on this to hear the whole audio segment on MarketWatch.com validating what I had posted.
Quote:
Steve Kerch: Bush plan won't stop rising foreclosure tide
The Bush administration is stepping up efforts to help homeowners who are having trouble paying their mortgages. But MarketWatch real estate editor Steve Kerch tells John Wordock the Bush plan amounts to a drop in the bucket. And it won't stop the rising tide of foreclosures. Experts say we could see as many as two-million foreclosures this year
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The President's Plan Will Not Stop Foreclosure 
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