Is it possible to correct a bowed blade?

If this has been asked before I'm sorry. after unsuccessfully skimming a couple pages in the honing for subjects like this I decided to just ask.

I'm honing this blade and on one side it appears to be honing more as it goes toward the heel, but on the other side it appears that the tip and heel are getting honed but the center isn't being touched. the more I hone, the more it creeps to the center but I'm afraid I'll hone the blade to oblivion if I keep it up.

Any suggestions?