Lifting the ban on these court-supervised modifications would save 1.7 million homes and $300 billion in home equity for neighbors of families facing foreclosure.

Even though this measure would be incredibly helpful and effective in fighting foreclosures, it's not certain that 60 Senators will vote for it.  (It's already been approved by the House.)  Without 60 votes to get around a filibuster, the measure won't pass.

Read more on the Homelessness blog.