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The first thing and main thing that needs to be known is that government cannot address the crisis. Only the free market can resolve the crisis. The free market is based upon the free will of people. To begin with, in a free marketplace, not everyone wants a house. Not everyone needs the expense of a home. Not everyone needs the care of a house. Not everybody needs the maintenance and work involved with owning their own home. One of the things which led to this housing crisis was the Fair Housing Act. It implies that everybody should have a home. No. Not everybody should own a home. A house involves work and expense beyond the first purchase. So to make a system where it's ultra-easy for anyone to get a house brings to a situation where individuals might have "buyer's remorse" when they find out there's more to owning a house compared to first buy, but by then they're locked into the details of the loan for several decades. Creating a situation where it had been easy for folks to acquire houses they would find hard to hold on, was a problem the authorities and the financial institutions helped produce. We need less help from the banks and government, not more. They want not give people what folks can't generate with their own need, work, effort, research, and upkeep. This way, we do not end up with a great deal of housing in the hands of people that aren't outfitted to hold on it and maintain it. We need to get rid of the Federal Reserve and return to a gold standard. The banks and Federal Reserve were also involved in this fiasco. By creating a gigantic business that feeds from curiosity, fees, fiat money, and financing credit, they helped create this issue. If people needed to work and earn the money to pay for a h.. .