Mortgage Relief on the Way?

While the economy may not have bottomed out just yet, the foreclosure rate on homes might just be slowing down. Banks are not as eager to foreclose on homes as they have been, while it is being discussed today whether or not to use $50 billion of the money from the bailout plan to help subsidize home owners that are on the brink of defaulting on their mortgages. Will this benefit us, or is this a huge mistake?

You can read the full article here featured at Marketwatch.

Obama Explains the Bailouts and Spending Bill