Hope For Homeowners Loan
The Hope for Homeowners loan is meant to help borrowers who are behind or upside down on their mortgage. It is a new based on 90% of the current appraised value. There are certain guidelines you have to adhere to in order to get this loan. It is supposed to help 400,000 plus borrowers but has only helped 357 so far.
The 1st link will include what you need to qualify for it and will address the shared appreciation with the government.
Here is the link for Hope for Homeowners http://portal.hud.gov/portal/page?_pageid=73,7606147&_dad=portal&_schema=PORTAL
Here is another link with a list of numbers to call for the different banking institutions.