Great news has come from the treasury dept..."Treasury Secretary Timothy Geithner on Saturday told lawmakers that financial institutions that receive government assistance will have to make loan modifications and meet other new standards, according to Democratic sources."

This is great news for homeowner who might be facing foreclosure.  I am very busy working with homeowners who need loan modifications and this is becoming a large part of my business.  I applaud the Treasury Dept if they take a strong stance on forcing these abusive loans to be redone with more fair and reasonable terms to the borrower.