Help for Homeowners

Will this really help the homeowners who are facing foreclosure?
Reducing payments and extending mortgages for another 10 years will
surly help the lenders because it will also extend the interest
they collect. That means the homeowner will pay 3 times to 4 times more
for their home making it more than what it's worth. So your $200,000
home would actually cost you $600,000 or more depending on your interest.