And few with a conscience wish to be involved in setting up another housing-market collapse. There WILL be another. The dust hadn't settled from the last one when politicians began pressuring banks to resume lending to Democrat voters unlikely to pay off their mortgages. It would be simpler, more straightforward, and probably less destructive if the federal government just seized houses and gave them away instead of forcing banks to serve as an arm of the welfare bureaucracy. The former act would screw all taxpayers at once and perhaps motivate them to drive the politicians from power. The latter screws all the taxpayers, but only after first screwing depositors,, ruining investors, and creating hysteria.