Mortgage Delinquencies of At least 90 Days Rise To Highest Level In 10 Years

[cstanleytech]

1. Seems like the sensible solution would be to pass legislation to help some of these people.

Something along the lines of a 6 months relief to pay anything for a mortgage for people that are behind due to job loss.
Would have to include some common sense things though like it has to be the only home they own and it has gone their sole residence plus a cap so the help is restricted to those with mortgage payments of 2500 a month or less.
As to how to pay for it probably some sort of long term tax credit to the mortgage holders so it's spread out over the next 20 to 30 years.