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September 07, 2009 | Tconsoli | Comments 0 | Filed Under: DailyGovernmentNewsWall StreetWorld

Obama Housing Plan Working for Just 15%

Only 15 percent of homeowners eligible for the Obama administration’s $50 billion loan modification program have been offered help so far.

In its first monthly progress report on the plan launched in March, the government on Tuesday detailed big disparities among the 38 companies that have signed up.

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