
Congress to the rescue. All of us who aren't in trouble, who had nothing to do with the the housing "crisis" (of course), should be more than willing to do our fair share to bail out everybody that did.
The mortgage aid plan would let the Federal Housing Administration back $300 billion in new, cheaper home loans for an estimated 400,000 distressed borrowers who otherwise would be considered too financially risky to qualify for government-insured, fixed-rate loans.
Sounds to me like cheaper home loans for risky borrowers at taxpayer expense. Makes sense to them.
I tell ya, it's time for some quotes about congress by Will Rogers.

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