Obama's Foreclosure Plan

This one is for you, beleaguered homeowners.

There’s not much time left to make this all look better before mid-term elections, which are shaping up as a doozy.

But wait! What is this? Reuters is reporting that there could be some kind of light at the end of the tunnel – for mortgage holders, that is.

The one place where everyone agrees relief could come is from some kind of mortgage reset courtesy of the GSEs. And now there are rumblings that such a plan could be in the works.

Color us skeptical.