This is the deal of a century!a If that doesn't work, part of the principal will be made 0% for life. In the worse case scenarios, there will be principle reductions.
I just realized I had a nasty virus which took control of my clip board. Gone now. Proper link: http://www.fhfa.gov/GetFile.aspx?FileID=169
who the f#ck is going to pay for all this? this is insane - let's bail out everybody and everybody will pay max 38% of his salary for his mortgage. maybe we could also say that everybody should pay max 5% for his car, 7% for his food, 10% for his entertainment etc. the rest is paid by increasing debt, i.e. money in circulation. long live free america...