From what I understand, if they do move forward there will more than likely be a cap on the household income of probably $250k.

There does not seem to be an actual plan at this time, just wishful thinking. I believe the idea is that if the government has loaned money to a bank, it will then be able to pressure the bank to adjust the mortgage interest or length of payback time. It is pretty hard to see what they can do with the mortgages that were packaged and sold to who knows whom in the world. The bank no longer has the mortgage in that case. The government may simply buy back these bundled securities or just pay them off, and issue a new mortgage to the individual, but they haven't made a decision yet

None of the stimulus will help middle or high income people, except the people who will get to bid on the pork projects. These will be friends and relatives of politicians, or heavy campaign contributors.