Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

5 of 8
BACKNEXT
Still making payments? You are low priority
Unlike previous efforts, the Obama administration's plan is supposed to help people who are at risk of going into default. This measure was intended to aid all those struggling to keep up with payments because they don't want to wreck their credit by missing a month.

But these borrowers report that they are being turned away by their servicers, who say they are working with those in default first. Homeowners still making payments are told to try back in several weeks.

Servicers are required to evaluate borrowers who are not in default according to the program's eligibility criteria, said a Treasury Department spokeswoman.

NEXT: Dawn Porter, Alpharetta, Ga. - No help

Last updated July 06 2009: 3:05 PM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
More Galleries
The 7 biggest investment mistakes celebrities make From betting too heavily on real estate to overestimating future earnings, here are 7 of the most common money mistakes that celebrities make. More
Cotton candy, toothpicks, pet gel -- these products are all made from marijuana Legal cannabis, an estimated $5.4 billion industry, is drawing in entrepreneurs with a variety of innovative products -- from skin patches to pain relief gel for pets. More
Coolest hotel bars for business travelers CNNMoney asked two concierge services for high-flying business people what hotel bars they'd recommend in 5 major U.S. cities. Here are their favorite spots. More

Special Offer