850,000 homeowners will receive a letter this year from FHA.
The reason for the letter is described on HUD's site:
"For hundreds of thousands of families, this letter might be the most important piece of mail they receive all year," said HUD Secretary Alphonso Jackson. "Not only could this information keep a roof over their heads, it could provide them with financial sustainability and security for the long term. Our aggressive outreach will ensure families are educated about the safe mortgage alternative that FHA offers."
The letter and additional information can be found in this press release.
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