Instead, Bush proposed that creditworthy borrowers — some of whom are now stuck in loans that are re-setting to higher monthly payments they can’t afford — be allowed to refinance with an FHA-backed loan. ...

Desperate Six-percenters Applaud Bail-out
... the loan reset have been unable to refinance through the FHA ..." That's true, but it ignores the reasons we got to this tight spot. And foremost among them were years' worth of Realtor press releases touting rising home prices, ...