The Obama administration's plan, which is still evolving, would be open to borrowers who are making timely payments and yet spend a large share of their income to cover the mortgage. The government would subsidize their monthly payments under the plan.
Snip.....
http://www.reuters.com/article/newsO...51C60Q20090213
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Hmmm.......
Anyone here making timely RE payments, but those payments are a big part of your income? Well, help may be on the way from your Obama!
Of course, if you aren't qualified for this 'support' - you should have bought a bigger house!
My only wish is for VRM, CobraBill and Excalibar to somehow put their funds up first - liberals (at least Obama supporters/Non-McCain/Palin voters) first, conservatives last up. Now that would be justice done!