The headlines blare. The Media blitz is on. So what are the details of today's U.S. Treasury released Homeowner Affordability and Stability Plan?

Well, we have an executive summary:

The plan claims it will not aid speculators or house flippers, but how specifically it does not specify.

Stabilize home prices by reducing principle of the loan and the U.S. taxpayer ponies up the cost.

They are also reducing interest rates and the refinancing past the actual current home value. Also, they are allowing bankruptcy judges to reduce the principle owed on a home and mortgage modification.