According to this article over at Dr. Housing Bubble, the bailout is going to directly help the borrower (in all loan types) in a significant way, at the taxpayers expense.
Agreed, there are stipulations to the arrangement, but it sure sounds to me like the imprudent home buyers are going to get one hell of a deal.
Read in the comments below the article by a poster named Compass Rose. She outlines the underlying reasons the govt and bankers are so motivated to keep home prices artificially high.
