A lot to write about today. I have real reservations about extending the $8,000 federal tax credit, for various reasons. I wrote about it on my Terradigm site, along with an entry today on how it might be extended at no cost to taxpayers.
In a similar vein, the Mortgage Rescue Cafe talks about the trouble Ginnie Mae might be in, and also offers an idea for upside down home owners who might wish to refinance.