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I heard this today too.  Looks like some in congress would like to expand FDIC's (Blair's) program to help/"encourage" banks to refinance troubled mortgages rather than let them go into foreclosure. If there are enough well-intentioned home buyers out there this might do a lot to ease that part of the crisis, but I have my doubts.

I can swear there ain't no heaven but I pray there ain't no hell. _ Blood Sweat & Tears
by Gringo (stargazing camel at aoldotcom) on Tue Nov 18th, 2008 at 10:06:46 PM EST
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