Foreclosure

For At-Risk Borrowers, the Night before Christmas 

Homeowners at risk for foreclosure may receive a belated TARP gift Wednesday afternoon: a partially-subsidized mortgage payment, with best wishes, from Uncle Sam. The homeowner relief plan — or foreclosure prevention plan — is scheduled to be released by President Barack Obama in detail Wednesday after months of public criticism that the Treasury Department’s Troubled Asset Relief Program had strayed too far from its original goal and had forgotten the everyday homeowners in need of aid.