It's certainly welcome news for high cost areas like us here in Boston. 

Details on Obama's "Making Home Affordable" plan were released today be the Treasury.  I wrote a detailed post about the announcement and the loose guidelines of the plan a couple of weeks ago in Obama unveils new $75 billion foreclosure prevention plan.  Now the Treasury has released (some) further details, so I wanted to pass those along as well.

There have been plenty of stories written about how confidence will be restored in the markets (stock market and housing market) once the election is over.  But does this really make any sense?  Are there other issues at play?