Paul Jackson: MT @JacobGaffney: TY MT @SenJeffMerkley: Geithner says new housing plan is very good policy… #HousingWire story

mattyglesias: Geithner endorses Merkley housing refinance plan:

felix salmon: This is encouraging: Geithner supports the Merkley mortgage refi plan

Felix: "In many ways, if you don’t sell your house, this is functionally equivalent to a principal reduction".