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CREJ Next Level

Apr. 6, 2010

Take Two: Government Tries New Fix for Mortgage Crisis

By ALAN ZIBEL and STEVENSON JACOBS Associated Press Writers WASHINGTON - The government's bold new plan to stem the foreclosure crisis aims to succeed where previous efforts have fallen flat. Yet just as before, the odds are long, and many

By ALAN ZIBEL and STEVENSON JACOBS

Associated Press Writers

WASHINGTON - The government's bold new plan to stem the foreclosure crisis aims to succeed where previous efforts have fallen flat. Yet just as before, the odds are long, and many struggling borrowers won't qualify.

In theory, the effort unveiled last month would help millions of troubled homeowners who owe more on their mortgages than t...

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