http://money.cnn.com/2011/02/01/real_estate/hamp_modifications/index.htm?hpt=Sbin This is a pretty concise article talking about the loan modification program led by the current administration. While I hope the sniping at the current administration will be kept to a minimum...lol I know, what am I thinking?...I did find this paragraph to be compelling. This really shows us where much of the economic failure came from...people living way beyond their means and being able to secure huge amounts of credit with little to no income backing. And the sad thing is nothing has changed. Anyone of us could walk into a bank right now, give them minimum income verification, and walk out with a loan for a large house.