[GeorgefromGeorgia]

I am just not sure how that would be implemented without throwing bucks at the problem. Would it take more $$$$ to Fannie Mae?

[TopoGigio]

Yep...unfortunately. Who else can do it? You know Wall Street isn't going to step up. It would cost some serious bucks, however all they really need to do is refinance these “hung” people, with a fixed rate. When these ARM’s start to adjust, its not pretty. They jump up to 11, 12, 13+% very quickly. Peoples payments will be jumping hundreds of dollars every 6mo/1 year. If nothing is done to avoid that, then prepare for the worst.