From Team Hillary:

MAKING NEWS TODAY: Hillary goes to the Nasdaq Marketsite to deliver a MAJOR speech on the foreclosure crisis where she’ll call on Wall Street to play a part in solving a problem it helped create by: 1) voluntarily supporting a foreclosure moratorium of at least 90 days on subprime, owner-occupied homes; 2) freezing the monthly rates on subprime loans for at least 5 years or until the mortgages have been converted into affordable loans; 3) requiring the mortgage industry to provide status reports on its progress on modifying loans. Hillary is proposing a comprehensive work out—not a bail out—that would end the foreclosure crisis.

If you’re one of these folks, you may be a genuine victim who was misled on the terms of your mortgage by a dishonest mortgage broker. Or you may be somebody who wanted to flip quickly and get rich quick, bought more house than you could afford, priced out those who were responsible, and is now stuck having gambled and lost. (I’m sure everyone in the latter category has convinced themselves they’re in the former.)

A moratorium, freezing the rates, etc. — all of this helps the bad lendees as well as the good lendees. And that doesn’t seem to be a satisfactory solution…

Also, it will be interesting to see how NASDAQ does on the day she visits…