10.08.2011

Read at ProPublica

Our Guide to Obama’s Floundering Foreclosure Programs - ProPublica

More than 6 million Americans are behind on their mortgage payments or facing foreclosure [1]. Housing prices have continued to drop [2], and many neighborhoods across the U.S. are filled with foreclosed homes [3].

What exactly has the administration done in the face of such historic need? We've put together a guide to the administration's major efforts to help homeowners, laying out the promise of each and how they've actually performed.

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