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 stock market's wild week in 6 pictures It was the wildest week in stocks in recent memory. Here's photos and CNNMoney's tweets of reactions to the panicked selling on Monday and Tuesday, which gave way to a mad buying scramble on Wednesday and Thursday. And then...a selloff on Friday again. More
How New Orleans is learning to live with water After Hurricane Katrina, the city of New Orleans had to reinvent the way it manages water and protects itself from future storms. More
Your degree will earn you the most from these colleges Art majors can make big bucks, too. Find out which school has the highest paid grads in your major. More

Special Offer