Foreclosure watch: Obama's program for 'underwater' homeowners has helped only 5,000

``About 10.9 million U.S. households, or nearly 23% of those with a mortgage, are "underwater" -- meaning that they owe more on their properties than their homes are worth, according to CoreLogic Inc. Treasury Department statistics released Friday show that only 4,911 homeowners are participating in the principal-reduction program, which aids borrowers who owe at least 15% more than their properties are worth.''