“To help struggling homeowners, the plan requires the government to try renegotiating the bad mortgages it acquires with the aim of lowering borrowers’ monthly payments so they can keep their homes.”
Deal reached on financial markets bailout
Obviously, I should have gotten a highly suspect mortgage two years ago, rather than actually reading the fine print and deciding NOT to gamble with my financial future. Had I done that, Super Government would save me, too!
EDIT: Proposed legislation. Reading it now.