The weekly poll is ready and waiting for your vote. And you know it doesn’t like to be kept waiting.

This week’s topic is mortgage modification programs, several of which were announced this week. Citigoup’s program aims to not only halt 16,000 foreclosures that are currently in progress, but also looks to help homeowners who are in danger of defaulting but have not yet done so. Meanwhile, Fannie Mae and Freddie Mac unveiled a plan that they say will help hundreds of thousands of homeowners who are currently past due on their mortgage payments by enabling them to receive more affordable loans.

So what do you think? Are these programs a good idea, not enough, or too little too late? Cast your vote and let me know.

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photo credit: respres