Common Dreams - From Chase's website: "No matter what your individual situation is, you may have options. Whether your want to stay in your home or sell it, we may be able to help."
Key word: "May." Translation: "May" = "Won't."
As I can now attest from personal experience, "Make Home Affordable" is a scam. MHA is cited by bank ads as evidence that they get it, that their "greed is good" days are over, that we don't need to nationalize the sons of bitches and ship them off to reeducation labor camps.
In reality, it exists solely to give banks like Chase political cover. They deliberately give homeowners the runaround, dragging out the process so they can foreclose. As of the end of 2009, only four percent of applicants received any help. By June 2010 the vast majority of that "lucky" four percent had lost their homes anyway--because the amount of relief they got was too small. Read more.