'Girls Gone Wild' Honcho Joe Francis -- Mi Casa Is Still Mi Casa

"Girls Gone Wild" honcho Joe Francis wasn't kidding when he promised to save his ridiculous Bel Air mansion from foreclosure -- he actually pulled it off.

We broke the story, Joe's bank, JPMorgan Chase, began foreclosure proceedings back in September, claiming he slacked off on mortgage payments to the tune of $127,686.91.

Joe pleaded the problem was with his accountant, not him.

Well guess what -- we just got official docs revealing the bank has backed off the foreclosure.

Joe tells us -- his accountant acknowledged the screw up and made the account current ... so everyone's happy.

It's a ray of good financial news in a bleak financial forecast.-- Joe's company declared bankruptcy in February, and he's personally been ordered to pay Vegas casino mogul Steve Wynn $19 million.