First off the plan has helped about 3 million less then the President has promised....and then there are things like this that real estate attorneys do not understand...

Like thousands of Nevada homeowners, Mel and Yvonne Klien are underwater on their mortgage.

And like many, the retirees were hopeful that they could get some relief from the federal Home Affordable Refinance Program, which would refinance their mortgage at a lower rate even though the Great Recession wiped out their home equity.

But their hopes quickly dissolved in frustration when they learned that Mel, 73, would have to void his will and the couple would have to temporarily give up their state homestead tax exemption in return for a $75 cut in their monthly payment to Wells Fargo & Co.