Details of government's home loan modification plan

The Obama administration announced a plan to reduce the amount some troubled borrowers owe on their home loans. Here are details of the plan from documents provided by the US Department of Housing and Urban Development (HUD).
-  E-mail to a friend

Q&A: Who benefits, and how?

HUD home loan modification Q&A

Fact sheet on FHA loans

Fact sheet on FHA loan modifications

Adjustments to Home Affordable Modification Program

Fact sheet on HAMP improvements

Examples of how some loan modifications would work

HAMP loan modification examples