http://libn.com/blog/2009/03/04/obama-administration-launches-housing-plan/

The Obama administration kicked off a new program Wednesday that’s designed
to help up to 9 million borrowers stay in their homes through refinanced
mortgages or loans that are modified to lower monthly payments.


Initial take from me: I like it. Not a complete solution, but a part of what
is needed to turn things around.

Here is the "official" executive summary
http://www.treas.gov/initiatives/eesa/homeowner-affordability-plan/ExecutiveSummary.pdf


(disclaimer - I work for the same company as this paper)

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