WASHINGTON (AP) -- The Obama administration's effort to help homeowners avoid foreclosure may not achieve its goal of helping 3 million to 4 million borrowers and may simply delay mortgage defaults for many, a government watchdog group says....
By JIM KUHNHENN and ALAN ZIBEL, Associated Press
Thu, 10/08/2009 - 9:50pm
WASHINGTON (AP) -- The Obama administration's effort to help homeowners avoid foreclosure may not achieve its goal of helping 3 million to 4 million borrowers and may simply delay mortgage defaults for many, a government watchdog group says....