A house under foreclosure that will soon be auctioned in Las Vegas. The Obama administration's foreclosure prevention efforts were blasted this week in a report from a federal auditor. Mark Ralston/AFP/Getty Images hide caption

itoggle caption Mark Ralston/AFP/Getty Images

Charles Gibson and his wife, Michelle, are helped by a Neighborhood Assistance Corporation of America staff member in getting a reduction on their loan for their Riverside, Calif., home. Some economists are pushing for a plan that would streamline refinancing for all government-backed loans. Damian Dovarganes/AP hide caption

itoggle caption Damian Dovarganes/AP