Government mortgage plan provides little permanent help

A home is seen in San Antonio, facing imminent foreclosure without assistance. Just over 31,000 homeowners have received permanent loan modifications under the Obama administration’s mortgage relief plan, a big setback for the government’s embattled effort to stem the foreclosure crisis.

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Related posts:

  1. Lawmakers impatient with Obama mortgage plan
  2. Mortgage relief slow in coming to many
  3. Government readies changes to mortgage relief plan
  4. Less than 2% of homeowners in foreclosure get modified bank loans
  5. Gov’t only helps 31,000 borrowers so far

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