This past week, while there were rumors of troubles with mortgage giants Fannie Mae and Freddie Mac, the Treasury Department and the Federal Reserve issued an extened line of credit to the two foundations of the U.S. mortgage system.  The federal government also issued announcements about proposed lending restrictions and rules to help curb future subprime lending practices.

Some experts also point to indicators that the U.S. government is not likely to make any more major bailouts of Wall Street financial companies.  I'd still like to see what is being done to bailout the thousands of U.S. borrowers who are facing the loss of their homes due to their own poor decisions.

Either way, this a good topic for this week's roundup! 

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