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if the property is upside down, it makes sense for them to take whatever they can get from the owners.....be it by extending term, or lowering rate......half a loaf is better than none..... but writing off principal is a certain loss, not a potential loss, and therefore....not bloody likely.
and no...I'm sorry...i seldom read the link. please to include all pertinent info in your postesses.
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This body holding me reminds me of my own mortality
Embrace this moment, remember
We are eternal, all this pain is an illusion ~MJKeenan
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01-21-2010, 02:30 PM
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