The number of homeowners getting help from the government’s massive foreclosure program is growing, according to data released Tuesday, but it is unclear how many of these borrowers might still lose their homes.
Under the effort, called Making Home Affordable, lenders are paid to lower a borrower’s mortgage payments. The program has struggled since its launch in March, with homeowners initially reporting difficulties reaching lenders.
Through October, 650,994 delinquent borrowers have received help, or 20 percent of those potentially eligible, according to the Treasury Department.
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