In this Aug. 8, 2010 photo shows a foreclosure sign in front of a home in Los Angeles, Calif. The Obama administration is trying to jump-start its sputtering plan to tackle the foreclosure crisis with an effort to assist up to 1.5 million homeowners who owe more on their properties than their homes are worth.
In this Aug. 8, 2010 photo shows a foreclosure sign in front of a home in Los Angeles, Calif. The Obama administration is trying to jump-start its sputtering plan to tackle the foreclosure crisis with an effort to assist up to 1.5 million homeowners who owe more on their properties than their homes are worth. (Paul Sakuma / The Associated Press)
In this Aug. 8, 2010 photo shows a foreclosure sign in front of a home in Los Angeles, Calif. The Obama administration is trying to jump-start its sputtering plan to tackle the foreclosure crisis with an effort to assist up to 1.5 million homeowners who owe more on their properties than their homes are worth. (Paul Sakuma / The Associated Press)

Real Estate

September 07, 2010 8:24 PM

Program targets distressed properties

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