A NY Times editorial calls for more forceful steps than the Hope Now Initiatives.  NTIC is calling on the industry to modify loans into permanently affordable rates, not something that only lasts for a month.

http://www.nytimes.com/2008/02/13/opinion/13wed2.html?_r=1&hp&st=cse&sq=project+lifeline&scp=3&oref=slogin