| Worried homeowners may be eligible for financial | | | | interest rates. Borrowers who are eligible under this |
| assistance with President Obama's Home Affordable | | | | plan may not be delinquent on their mortgage, and may |
| Plan. The Treasury Department is allocating $75 billion | | | | not owe their land or greater, then a 105% of their |
| to help end the foreclosure crisis. If you are stressed | | | | home's current market value. This option applies only |
| by your mortgage payment. Learned about the options | | | | to the first trust deed. Homeowners to have a second |
| and discover which one could give you the help you | | | | loan must get their second lender to agree to this |
| need. | | | | program, which guarantees that the first loan's lender |
| Obama's plan, option number one, allows homeowners | | | | will be paid first. |
| to refinance their existing mortgage using current low | | | | |