Cooperation between lenders & wall street investors

NEW -> Contingent Buyer Assistance Program
I have seen where Fannie Mae, WaMu, and a few other lenders are trying to work out some special loans to help these people out. However, I personally see it only delaying the inevitable of foreclosure. What does a couple hundred dollars a month get you for these guys? They are so over leveraged and living from paycheck to paycheck it is ridiculous. I would like to think that their are some good people out their that could and would actually benefit and spend their new savings accordingly....like paying down their principal.
 
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