“. . . Officials tried to fine-tune the mortgage program, adding elements and redirecting unused billions of dollars into the most distressed regions. Each new version, however, added layers of complication. Administration officials also cite unrealistic expectations, saying they underestimated the complexity of modifying millions of troubled loans. . . . .
Critics wave off such arguments. The Obama administration, they say, could have flexed its muscles.” (New York Times)
State muscle-flexing created the problem in the first place.