[whitedog57]

1. $1,000 down mortgages from state housing authorities, purchased or insured by GSEs. No Social Security number or proof of citizenship required. Thanks LaRaza!
2. $800 billion of negative equity wiped clean for Fannie and Freddie. Many thankful borrowers!
3. FHA negative equity programs.

All these are designed to forgive borrowers AND re-stimulate the housing market.

Also, more money to spend in the short run.

Tab will run over $1 trillion and just added to the national debt.

[Son House]

2. $800 billion of negative equity wiped clean for Fannie and Freddie.

And someone's savings and investments are holding that 'mortgage bundled security', my, won't they be surprised when they find out that the principle of a bond isn't a safe investment. Thanks Democrats!