Miami Herald - To qualify for the new program called FHA Secure, a borrower will have to prove the original loan was being repaid until it reset to a higher and they must have 3 percent equity in the home. The program would take effect immediately, FHA ...

Bush unveils mortgage proposals
Miami Herald - The 80,000 additional people who would qualify for FHA loan guarantees under the proposed changes Bush announced would still be a tiny portion of an estimated 2 million homeowners whose adjustable rate mortgages are scheduled to reset at higher rates ...