Obama Boosting Help For Struggling Homeowners Facing Foreclosure

With the country's foreclosure crisis worsening, the Obama administration today announced sweeping changes to their embattled $75 billion mortgage modification program in an effort to help people struggling keep their homes. The changes come amid increasing criticism of the program by Democrats, Republicans and non-partisan government watchdogs. The administration wants to help two groups of borrowers at risk of losing their homes: the unemployed and the underwater -- who owe more on their...Full Story
Commenting on this article is closed.