No, not the homeowners; the banks. Don’t be silly!
The 50-state settlement with the banks (Oklahoma didn’t sign, but supports letting the banks go scot-free) over mortgage fraud is a stealth bank bailout, according to many top observers. See this, this, this, this, this, this, this and this.
This is par for the course … All of Obama’s previous “mortgage relief” programs have really been stealth bank bailouts which screwed the homeowner. And see this.
http://www.washingtonsblog.com/2012/02/mortgage-settlement-is-just-another-stealth-bank-bailout.html
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