we the taxpayers want banks to change loan terms

Let's Replace All Adjustable Rate Mortgages (ARM's) and other High Interest Mortgages
The housing, banking crisis has a simple solution that has the priority of keeping people in their houses. Every banking company, including all related investment and values business that have received subsidy from the government has to comply with the following guide lines:
o Change to fixed rates all ARM(Adjustable Rate Loans) in the market.
o Put a cap of 6% in all interest rates of the sub prime mortgages.
Those two simple rules will keep thousands of foreclosures from happening. The central argument of these two simple solutions is: the principle of higher risk deserves a bigger return is totally wrong and has no logic at the moment, WE, the taxpayer (homeowners most of us)  gave money to guarantee the loans.
The banks got their money to be able to compensate the loss of non-payment of notes that have their value based on high interest rates that are variable or loans with high interest rates that people can not pay or have a hard time paying. Most deserve to be refinanced to notes that have a fair, fixed interest. The guidelines to give homeowners these new terms should be simple, if you have a loan now and are current you are a candidate to the new terms. If you have defaulted on your loan for economic reasons we give you a second chance with the lower fixed interest payment.