So, the government and Fannie/Freddie want to help homeowners with overpriced mortgages stay in their homes.The rich get richer, it seems.
Suzanne and I have been renting for 2+ years specifically to wait until homes come back down to reasonable purchase price.
Where's the government *home buying* program for those of us fiscally responsible enough to have avoided an overpriced mortgage?
Next up the American auto industry that has been pimping Hummers and SUVs for way too long.
For people to be free to have success there also needs to be a freedom to fail.