11/03/2008 05:12 am ET Updated May 25, 2011

McCain Camp Admits Palin Got Homeowner Protections Position Wrong

Sarah Palin got her facts wrong in Thursday's debate with Joe Biden when discussing where John McCain stands on new protections for homeowners facing foreclosures.

The Alaska governor incorrectly made it sound like McCain supports giving bankruptcy judges the power to rewrite mortgage payment terms on first homes.

He doesn't.

The McCain campaign confirms to ABC News that Palin misstated McCain's position.

Read more on ABC News