Federal aid is forestalling only a fraction of foreclosures, report says

This article discusses the problems the government is running into with their foreclosure prevention efforts. The Making Homes Affordable program is only on tract to prevent only 1 million foreclosures. Throughout the last month 230,000 U.S. homeowners have secured loans under this program. With 150,000 already dropped from the program, many are still waiting for permanent mortgage relief. An interesting note, of the 230,000 that have secured loans, 14,000 are from the Washington area.