What a sad day it is for homeowners in foreclosure across this country. The feds have come up with a program, the HR 3221, which will be difficult to execute and which is a voluntary effort. I tried talking to Ms. Bair's office months ago and told them, please don't ask the lenders to modify, demand it. If the state of the economy is so bad that we need to bail out the banks on the pretense of doing it for the homeowner, then that tells me the banks are at risk and that tells me the oFFICE OF currency has jurisdiction that can work. I am still waiting for an explanation as to why she has had to "try" if you will, rather than work with the OCC in an effort to get those loans modified. As it turned out in the l980's, the banks were directed to take on certain types of lending so as not to discriminate. As far as I am concerned, this is a form of discrimination with respect to the OCC BEING SELECTIVE WHEN A PARTICULAR PERSON IS IN TROUBLE AND NOT ALL HOMEOWNERS RECEIVE THE SAME TREATMENT AFFORDED BY THE FEDS. I KNOW I IS A DIFFICULT ASSIGNMENT, BUT JUST GIVE US AN EXPLANATION AS TO WHY THE RGULATORY CANNOT HELP THOSE PEOPLE WHO NEED IMMEDIATE HELP. I KNOW THE FDIC NOW HAS CONTROL BECAUSE THE BANK FAILED, WELL ISN'T THAT A GOOD POSSIBILITY FOR OTHER BANKS, OR IS IT. But I guess if we are going to bail them out, they won't fail.