I have a good idea on that: require 20% down payments, in cash, a good job, very little other debt (including NO student or IRS debt), and limit them to a mortgage with a payment that is no more than a quarter of their family's net income.
I doubt that's what Dear Leader meant when he told JPMorgan to do more to help people avoid foreclosures.
Hey, Obamorons--you cannot tell a mortgage lender to make any size loan to anyone that asks AND expect the foreclosure rate to stay low. That doesn't work in the real world. It doesn't even work in the rock candy mountain with cotton candy cloud dream world that most academics inhabit (though they'd never admit it).