The Markets and Sup-prime

The markets are correcting.  Distress financial buyers of sub-prime mortgages from banks are getting distress prices and willing to work with borrowers to forgive loan terms to keep them in their houses.  The market is clearing.  The major problem is with borrowers who refused to return phone calls.  Folks, the vast majority of the American population is financially illiterate -- it got us into this crisis and is now retarding getting us out.