Yet Another Try At Foreclosure Rescue

Under fire for the low number of people receiving long-term mortgage help, the Treasury Department on Thursday announced new guidelines that will require applicants to provide all paperwork before getting a trial modification. The new policy will make it harder for troubled homeowners to start the process, but it should make it easier for them to qualify for permanent assistance under President's Obama foreclosure prevention plan

To read the entire article, please visit: http://money.cnn.com/2010/01/28/news/economy/loan_modification/index.htm