HUD's website is promoting the October 1 launch of the Hope for Homeowners Program, which promises to expand the FHASecure program to more borrowers. The details are not clear from the site's overview, although it does say that to be eligible:
-Their mortgage must have originated on or before January 1, 2008;
-Their mortgage debt-to-income must be at least 31 percent;
-They cannot afford their current loan;
-They did not intentionally miss mortgage payments; and
-They do not own second homes.