The Obama administration launched a website Thursday to help homeowners determine whether or not they are eligible to participate in the administration's mortgage modification and refinancing program.

The Treasury Department and Department of Housing and Urban Development (HUD) announced the formation of MakingHomeAffordable.gov, which asks consumers a series of questions to determine whether or not they are eligible for relief.

"Education and outreach is central to the success of our Making Home Affordable program," said Treasury Secretary Tim Geithner. "Putting resources and tools directly in the hands of homeowners will expedite the process of delivering relief to responsible borrowers, and stabilizing the housing market is central to our overall economic recovery."

"The tools offered on this site will help American families access the help they need even faster," said HUD Secretary Shaun DonovanShaun L. S. DonovanHouse Dems call on OMB to analyze Senate budget plan Overnight Finance: Dems turn up heat on Wells Fargo | New rules for prepaid cards | Justices dig into insider trading law GOP reps warn Obama against quickly finalizing tax rules MORE. "Communicating how this program works and who is! eligible to those who need it is critical to the program's success, a nd this website does just that."