Homeowner bailouts benefited lenders far more than homeowners

While some underwater homeowners were saved by federal reserve policy, the main beneficiaries of this stealth bailout were the banks.

The populace was sold on quantitative easing and mortgage interest rate stimulus as a measure to save “Main Street.” It was said this money pumped...
http://ochousingnews.com/blog/homeowner-bailouts-benefited-lenders-far-more-than-homeowners/