Current talk on the street is that President Bush is going to push for some reforms to the current FHA insured loan programs that may help current mortgage holders that are faced with ARM's that are adjusting out of there monetary reach.  What this could mean is through a FHA insured program borrowers that cannot meet the new rates/payments on their mortgage could have some relief. This may or maynot provide a partial solution to the rising foreclosure rate.  As the facts develop, I will keep you informed.