People who overbought McMansions should be booted out, mortgage holders should boot them out and sell to someone else. If a person has a modest home and lost their job some temporary relief should be considered.
Why? Who gets to decide what is "modest"? How long is "temporary"? How much "relief" should be considered? Does the manner in which the person lost their job have any bearing on your altruistic use of my money?
Any way you slice it, your proposed actions are the very definition of communism -- "from each according to his ability, to each according to his need", with the government elite deciding both the "ability" and the "need". If you forgot, this failed experiment was tried in the Soviet Union.
So many who would call themselves "conservative" don't even know the meaning of the word anymore.