Who exactly can get help from Bush’s plan? There are millions of struggling homeowners. Under Bush’s plan,

“the mortgage industry would voluntarily help as many as 1.2 million homeowners who are heading for trouble paying their subprime mortgages but aren’t yet lost causes.
…
In some cases, people with good credit scores will be excluded. Also left out are those deemed able to afford the higher interest rates scheduled to replace their introductory rates over the next two years.”

Click here to continue reading who can and can’t be helped under this new plan.

via RISMEdia