Bailout of whom?

So if the Federal government is going to assume a huge pile of bad or potentially bad mortgages who is it that is really getting bailed out here. Granted to companies on Wall Street are going to be off the hook but what about the home owners? I doubt the government will be very interested in foreclosing on these homes and it sounds like the mortgages themselves will be restructured and there also be foreclosure protections built in.

Maybe the politicians trying to score points should stop calling it a Wall Street bailout and just call it what it is a mortgage bailout.