"In my view, it is appropriate for the federal
government to ... refinance some of these loans on
a permanent basis where people are able to meet
their obligations. It's in no one's interest to
have these things reset in a way people can't
afford."
» CNBC, October, 2007
Supports current relief effort
Romney opposes a federal bailout of borrowers and lenders.
Supports expanding the Federal Housing Administration to allow more borrowers to refinance their subprime mortgages.
"In my view, it is appropriate for the federal
government to ... refinance some of these loans on
a permanent basis where people are able to meet
their obligations. It's in no one's interest to
have these things reset in a way people can't
afford." 
