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www.foreclosureindustry.com (By ALAN ZIBEL AP Real Estate Writer) WASHINGTON – The government’s $50 billion program to ease the foreclosure crisis is helping only a tiny fraction of struggling homeowners. As of July, only 9 percent of eligible borrowers had seen their mortgage payments reduced. And a progress report on the plan Tuesday showed that 10 lenders had not changed a single loan. Both Bank of America Corp. and Wells Fargo & Co. – which have received billions in federal bailout money – were below average. bofa, which did not immediately comment, modified 4 percent of eligible loans, and Wells Fargo 6 percent. And Wachovia Corp., which was taken over by Wells Fargo last December, modified just 2 percent. Read More Here: www.myfoxphoenix.com