"We hope the banks will work with the homeowners"? You mean like all those Obama-trained ACORN thugs who blackmailed bank executives, even picketing their homes, with accusations of "Racist Redlining?" That crap helped spur the sub-prime crisis , and the resulting economic collapse. That's what happened the last time the banks "worked with" these bad credit risks because someone thought they had a RIGHT to be homeowners. =@[.]@=

Owning a home is a "right" now? WTF did I miss? I could have saved my money and still had the same luxury?...these people are fucking insane!

These sad sorry fools got in over their head by going for a home that is WAY BEYOND their financial means. And it doesn't help when ASSHOLES like freddies fanny entice these grown ups into believeing the fantasy that they can own such a home. I don't feel sorry for these GROWN UP for their free will choice in signing on the dotted line.