Administration Launches New Website To Help Financially Strapped Homeowners

The Miami Herald reports:

• The Obama administration has launched a new website, makinghomeaffordable.gov, meant to help homeowners who need help with their mortgage getting a lender to modify their loan terms or refinance more easily. The website explains the administration's recently announced foreclosure prevention programs and helps homeowners determine which plan they might qualify for through questionnaires. Borrowers can find contact information for major loan servicing companies, housing counselors and Fannie Mae and Freddie Mac.

Source: White House launches website to help strapped homeowners.