Barbara Boxer actually said...

We want you to know that homeowners do want to be responsible. These borrowers need an opportunity.

I applaud that effort and I fully recognize there are a lot of details that are going to have to be worked out.

If you have a loan that is backed by Fannie and Freddie, and if you have a high interest rate and you would like to take advantage of these ...

The Federal Government should not be profiting from borrowers paying higher interest rates than they should have to.