Details on Mortgage Relief Program

The details are out on the government's latest attempt to help stem the tide of foreclosures:

I especially like the CNBC hosts' comments at the beginning about losing a few states to get rid of the whole mess. I think they're seriously delusional. I know that would be news to people in Culpeper Virginia.

This plan will help some more people. That's good news. Whether it will help enough remains to be seen.