"President Obama's eagerly anticipated foreclosure prevention program went into effect on Wednesday. It targets 9 million borrowers for help - are you one of them?
The $75 billion effort, dubbed the Homeowner Affordability and Stability Plan, boils down to two basic solutions:
First, the government is aiming to help more homeowners refinance into new low interest rates.
Second, it provides incentives to lenders and servicers to restructure your mortgage to more affordable levels."
Mortgage Help: Do you qualify?
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