[...]
"The temporary suspension of foreclosures is designed to allow affected borrowers facing foreclosure to retain their homes while Fannie Mae works with mortgage servicers to implement the streamlined modification program scheduled to launch December 15."


http://calculatedris...e-to-suspend.html

A bit too late for Ms. Polk:

http://www.newyorker...yer?currentPage=1

The day they came for Addie Polk’s house.

Long article; worth reading, though.



And, just in case you were wondering what you're getting for your TARP (tax) dollars:

http://www.treas.gov...port-11172008.pdf