STUPID STUPID...this is an area where the government should MIND THEIR OWN BUSINESS! These borrowers were borrowers that KNEW that they had ONE chance to fix their bad credit, then refinance to a fixed rate loan. Instead they took advantage of the situation and now are crying about it. ANYONE who gets an ARM is asking for it. You get those KNOWING FULL WELL you can get screwed in a situation where interest rates are going up. STUPID IS AS STUPID DOES!