Stop Foreclosure - Will You Be Saved by Bush Plan from Foreclosure?

On Dec. 06, Bush announced his plan for mortgage rate-freeze to help some homeowners with certain mortgage loans to reduce the impact of the nationwide home foreclosure avanache.
Based on Wall Street Journal, Bush plan will cover estimated 1.8 mortgage borrowers. Will your home be saved by Bush Plan for the mortgage rate-freeze from home foreclosure?Will you be out of this subprime mortgage crisis ok?

Here is the article from Wall Street Journal.

Wall Street Journal - http://online.wsj.com/public/resources/documents/info-SubPrime_Points071206.html
An estimated 1.8 million borrowers took out loans that meet the first round of requirements for the plan: subprime adjustable-rate mortgages (ARMs) with an initial fixed-rate period of 36 months or less, originated between Jan.1, 2005 and July 31, 2007, with interest rates that reset for the first time between Jan. 1, 2008 and July 31, 2010. The plan applies only to loans that have been packaged into securities and not those that are held by banks on their own books.

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