Each month the Department of Housing and Urban Development (HUD) and also the Department from the Treasury release editions from the Obama administrations Housing Scorecard, a report on the nations housing market. This month, much like every other, is filled with information we already know.

For what appears like the bazillionth month straight, federal officials are warning us that the latest housing figures underscore fragility in the housing marketplace and highlight the significance of the administrations foreclosure-prevention programs.

Yes, we know already how the housing sector isnt in the great place. It hasnt experienced some time.

But what really gets me may be the constant promotion of the federal governments very flawed foreclosure-prevention programs, which, according to HUD, continue to help tens of thousands of struggling homeowners every month and play a vital role in setting standards to the mortgage industry.

I am missing something or have there not been countless reports on how these programs only lose the majority of its applicants in paperwork being filed by underqualified, undertrained and underpaid workers What I would like to see on the next Housing Scorecard is how the Obama administration plans on making these programs actually work for its originally intended 3 million to 4 million struggling homeowners, not the tens of thousands it touts.on making these programs actually work for its originally intended 3 million to 4 million struggling homeowners, not the tens of thousands it touts.