The federal Making Home Affordable program is supposed to help homeowners refinance if they're under water on their mortgages and get eligible borrowers a loan modification to prevent foreclosure. The Obama administration says the initiative "has made rapid progress in a few short months," while news reports -- noting continued increases in foreclosures -- suggest not so much.
There's nothing like the voice of experience: Have you applied? What happened?
Eileen Ambrose, the Sun's fabulous personal finance columnist, would like to hear from you for a column she's working on. You can reach her at eileen(dot)ambrose(at)baltsun.com.