Govt trying to keep people in homes: Geithner

CNBC reports:

Treasury Secretary Timothy Geithner said Thursday the government is trying to keep as many struggling borrowers as possible in their homes in several programs.

Geithner told a congressional oversight panel that although the Treasury Department's ability to spend new bailout funds for the central foreclosure-prevention effort expired in October, it is running other programs for borrowers in certain situations such as those who are unemployed.

The bailout for those who can't afford to stay in their house from taxpayers who might be renters.