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Countrywide Home Loans, much criticized during the mortgage industry fallout, is offering new programs for it's ARM loan customers.  Many of the critics who openly spoke out against Countrywide have given the programs a stamp of approval.

Looking into the company's program offering, it seems dramatic and noble.  Borrowers who have adjustable rate loans can have their income, and assets evaluated, and the company will work to make sure that their home loan falls within a budget that they can afford.  Helping homeowners with refinancing, lower rates over longer terms, and rate reductions will give thousands of borrowers relief they desparately seek.  

To read more about the Countrywide Home Loan programs, click here.