Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
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
[ Parent ]

Others have rated this comment as follows:


Top Diaries

Occasional Series