Projections about the year’s foreclosures are always a guess at best. The most conservative guess is about 1 million homes, while the high estimate is 2.25 million. That’s a lot of families that could end up on the street. Congress has even suggested that the government should help out and offer people grants. But Clark doesn’t agree. He doesn’t think that is their role. A member of the FDIC took a different tack on the matter. That person suggested that - when a person takes out an option-payment loan or teaser rate loans – that person must qualify at the worst rate the loan could have. Typically, people just look at the beginning rate and jump in. But they don’t understand that rate could double or even triple down the road. Lenders should be required to qualify people based on what the loan could become. No one wants to see people put out on the street. But banks are allowed to make all kinds of risky loans that harm the consumer. Unless things change, taxpayers will be on the hook to bail out the banks again at some point.