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    n 1.5 million homeowners (many families with children) facing foreclosure. Help may not arrive in time to rescue the Martins, casualties of more than $300 billion dollars worth of mortgages (adjusta
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    Jim & Sally Martin of Jacksonville, Florida, are staring down this violent foreclosure storm – they will lose their home. They have fallen behind three months on their mortgage payments…they cannot catch up…and they cannot get help from their lender.

    "My family has lived a nightmare for two years," reflects Jim on his family's struggle to cope with a financial nightmare and the impending loss of their home.

    Amidst this potentially devastating national disaster, Fannie Mae, a major "investor" of home mortgages, plans to introduce new loan programs to lenders, hopefully keeping families in their homes.

    "We have two children, ages 6 and 9…they're just children and we're putting them through this Hell," Jim said while shaking his head.

    Sadly, the Martins join more than 1.5 million homeowners (many families with children) facing foreclosure. Help may not arrive in time to rescue the Martins, casualties of more than $300 billion dollars worth of mortgages (adjustab

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    atch up…and they cannot get help from their lender.

    "My family has lived a nightmare for two years," reflects Jim on his family's struggle to cope with a financial nightmare and the impending loss of their home.

    Amidst this potentially devastating national disaster, Fannie Mae, a major "investor" of home mortgages, plans to introduce new loan programs to lenders, hopefully keeping families in their homes.

    "We have two children, ages 6 and 9…they're just children and we're putting them through this Hell," Jim said while shaking his head.

    Sadly, the Martins join more than 1.5 million homeowners (many families with children) facing foreclosure. Help may not arrive in time to rescue the Martins, casualties of more than $300 billion dollars worth of mortgages (adjusta

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    Amidst this potentially devastating national disaster, Fannie Mae, a major "investor" of home mortgages, plans to introduce new loan programs to lenders, hopefully keeping families in their homes.

    "We have two children, ages 6 and 9…they're just children and we're putting them through this Hell," Jim said while shaking his head.

    Sadly, the Martins join more than 1.5 million homeowners (many families with children) facing foreclosure. Help may not arrive in time to rescue the Martins, casualties of more than $300 billion dollars worth of mortgages (adjusta

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    ilies in their homes.

    "We have two children, ages 6 and 9…they're just children and we're putting them through this Hell," Jim said while shaking his head.

    Sadly, the Martins join more than 1.5 million homeowners (many families with children) facing foreclosure. Help may not arrive in time to rescue the Martins, casualties of more than $300 billion dollars worth of mortgages (adjusta

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    n 1.5 million homeowners (many families with children) facing foreclosure. Help may not arrive in time to rescue the Martins, casualties of more than $300 billion dollars worth of mortgages (adjustable rate mortgages) resetting from the "teaser" rates and exploding the Martin's monthly mortgage payments from $1700.00 per month to $2,300 per month.

    "We have fallen and right now we just can't get up," said Jim. "We're beyond the shock right now. We're trying to keep our heads and protect our children. Our lender cannot do anything to help us. No payment adjustments. No loan restructuring. Nothing. We can't refinance. We don't have any money to pay the fees and we're upside down."

    Code-named "HomeStay", Fannie Mae is trying to get lenders (with whom Fannie Mae works) to refinance homes without first having to clear up borrowers’ unpaid bills on their credit reports, albeit too late for the Martins.

    Fannie Mae's HomeStay will stretch the loan term for this refinancing

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