Thousands of homeowners who are struggling to meet their monthly mortgage payments or are already in default with their home mortgage cheered when they heard about the Obama's new housing bill. Many people have been holding their breath each month, praying they won't be laid off and need to go through mortgage default on their home. The "Helping Families Save Their Homes in Bankruptcy Act of 2009" was initially advertised to help with the American ongoing foreclosure issue. The House approved b...