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COMMENTS: Big Fat Zero
HOPE for Homeowners was the federal plan that was designed to help mortgage borrowers avoid eviction as the value of their houses declined. The Department of Housing & Urban Development program was projected to prevent 400,000 foreclosures, according to Congressional Budget Office estimates. NBC's Lisa Myers filed the follow-up. Total formal applications filed for HOPE: a pitiful 312. "And how many have been saved from foreclosure? None."
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