In another stunning revelation from those in the mortgage industry, we have learned that potential homeowners who participate in prepurchase education and counseling programs may be more likely to pay their mortgages on time.

Hmmm…who would have ever thought that being educated about mortgages might actually lead to better decision making when it comes time to pay the bill? Well, apparently the Mortgage Bankers Association (MBA) needed a study to prove that – a study that also found that homeowners who participate in default counseling are more likely to have their loans modified.

But it turns out that this study isn’t even all that trustworthy. Why would that be? “The evidence on this point is not consistent and compelling,” the MBA said in a statement.

Even though the MBA’s study is questionable, let’s just say that every potential or actual homeowner receives these varied types of mortgage education programs. The federal programs this country has in place to actually help them aren’t actually very helpful at all. What’s a homeowner to do now?