WASHINGTON - Hundreds of thousands of strapped homeowners could get some relief from a plan negotiated by the Bush administration to freeze interest rates on subprime mortgages that are scheduled to rise in the coming months.Borrowers who are falling behind on their payments are urged to call a new hotline: 1-888-995-HOPE.
For complete information via the White House Press Release, please visit the WhiteHouse.gov Website at:
http://www.whitehouse.gov/news/releases/2007/12/20071206-7.html