Remember all the hoo-ha back in January when Gordon Brown announced the Mortgage Rescue Scheme?

It was going to help around 6,000 families over two years to avoid the dreaded repossession of their homes as the worst of the recession passed over and they found their financial feet again.

Well, in six months, just six families in the whole of Great Britain, have been helped by this scheme. And that is a disgrace.

Under the Mortgage Rescue Scheme, eligible families can either get an equity loan to reduce their mortgage, or sell their home and remain as tenants. Considering that this scheme cost £280 million to put in place and nearly 1,000 homeowners are being evicted every week, you'd have to say it has been a flop.

And like the Lib Dems' Vince Cable – the most sensible politician in the country – says, these Government plans are simply deferring the problem, not solving it. What happens if interest rates start to climb from their current base rate of 0.5%? It'll plunge even more people into the mire and the repossession problem will get even worse.

For those people worried about repossession, it's worth going back to read Jo Robinson's blog from March. One of the stark facts of that post was the Council of Mortgage Lenders prediction of up to 75,000 home repossessions this year. Though we saw 12,800 repossessions in the first three months of 2009, the CML later reconsidered its forecast, saying it had been pessimistic.

So in what the CML called a 'positive revision' it's now it's looking at just 60,000 homeowners losing their properties this year. Positive revision? Tell that to the 60,000 people who'll lose their homes.

I guess if you really want to give someone a bit of good news then find one of the six families that have been helped by the Mortgage Rescue Scheme and tell them that for they and each of their fellow escapees represent 10,000 homeowners caught in the repossession trap.

A case of good news and bad news if ever there was one.