NEWS

Tue, Nov 10

Obama home rescue: 650,000 get help

© CNN 2009 

 

Some 650,000 troubled borrowers have been put into trial loan modifications under the president's foreclosure rescue plan, the Treasury Department said Tuesday.

 

That number represents 20% of eligible homeowners at least 60 days behind in their payments, according to the Treasury report. This is up from 16% a month earlier. Read more.

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