This needs to be shared. I just read this article about one of President Obama's, "I'll fix the economy stupid" programs. Were you aware of how devastating it can be? Share this story for others to read.
Nearly half flunk
The administration's most recent report on the Making Home Affordable Program shows that more than one-quarter million participants - 277,640 households - flunked out of the trial-mod program, meaning they will not get long-term help. Often those people are liable for all the past-due amounts accumulated during their trial mods, plus fees and penalties. Slightly more households - 299,092 - did get permanent modifications.
Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/05/23/BUJH1DGQEO.DTL#ixzz0om0nzO5a
