With the meltdown of the real estate market in many areas of America potential home buyers seeking bad credit loans are going to find lending institutions not as eager to lend money to individuals with bad credit ratings as has been the case in recent years. It is these very bad credit loans lending practices that has lead to the current crisis. Look for the Federal government to continue the bailout of individual homeowners and banks who put themselves in this mess. I feel for these people, I really do, but as the old saying goes "you cannot drink campaign on a beer income" and this is what so many recent home buyers have done. They, along with the lending institutions, choose very low interest rates with an APR instead of a slightly higher fixed interest rates when buying a home so they could afford to purchase a larger and fancier home. The banks are also guilty in this because they gave these bad credit loans to people who had less than average credit and an income level insufficient to pay the mortgage if the interest rates went up. Now these homeowners with bad credit loans are losing their homes and their credit rating is going even further down the tubes.