The figures come as a government watchdog says the Obama administration’s foreclosure prevention program is failing to help millions of people in danger of losing their homes. The Congressional Oversight Panel says the Making Home Affordable Program, HAMP, has helped just one borrower for every ten that have lost their homes. Panel chair Elizabeth Warren said, “[The Treasury Department]’s response is lagging behind the pace of the crisis. It also seems clear that [its] programs will not reach the overwhelming majority of homeowners in trouble.” Warren’s report comes as the US is seeing a record number of foreclosures.