Here is my 2 cents. I offer my plan.
My idea is to have the corporations who are going under due to the housing crisis fix their own problem by refinancing all of their exisiting loans to prices that more realistic--that people can actually afford to pay. I realize that the lenders would lose some of their potential investments, but at least they would be generating an income and not have to rely on the legislature for a bail out. Plus, it would provide a second chance for people to keep their homes.
This way the lenders win and the home owners win--and consequently so do the tax payers because we won't have to shoulder the burden of these lenders.
