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"The median monthly payment reduction for borrowers enrolled in
the (HAMP) program is $522" - DSnews.com

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Can Obama Fix The Foreclosure Crisis?


Within the United States there are a total of 6 million homeowners who are either behind on their mortgage payment, or are facing foreclosures. The values of homes are still declining significantly, and there are a lot of neighborhoods that have homes that have been foreclosed on.  President Obama has struggled with finding a solution to this horrible mortgage crisis.  There have been multiple programs that have been rolled out. However, none of them have really fixed the problem. The government is still trying to figure out a program which would be able to help all these homeowners during this very difficult time.