Confused on Obama's foreclosure plan?

24 Hour News 8 answers your questions

Updated: Thursday, 19 Feb 2009, 2:02 PM EST
Published : Thursday, 19 Feb 2009, 11:52 AM EST

GRAND RAPIDS, Mich. (WOOD) - President Barack Obama unveiled a $75 billion program to help Americans keep their homes yesterday in Mesa, Arizona.

The plan aims to assist nine million citizens by providing refinancing for home owners who owe more money on their mortgages than their home is worth.

It will also provide incentives for mortgage lenders to provide those in danger of losing their homes, more options.

Do you qualify?

Tonight on 24 Hour News 8 at 5, we're talking live with a mortgage expert, and will be getting answers to questions you have submitted.

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President Barack Obama during a prime-time news conference in Washington, D.C., Feb. 9, 2009.

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