An FHA guaranteed mortgage went to foreclosure in Bigfork Montana. The owners of the property went to the sale, but had no opportunity to try to purchase their home. PHH bought it outright. So now, they have the loan guaranteed payment from FHA, the home, which they can sell and double their money. The homeowner worked with HUD reps trying to work out a loan modification with PHH to no avail. Huge run around, every day for several months, no progress, promises made and broken every day by PHH. Owner asked for a postponement as loan was in review, was told it was in the works, and to call day of foreclosure sale. Found foreclosure was going ahead as scheduled. We now have a young family, with 14 month old, a new baby on the way in December, who will be living in their vehicle by the end of November. Great job, well done, PHH, FHA, HUD, and our President Barack OBAMA. The rich get richer as always in this country. Dianna Sims