Loan Modification Forum - LoanSafe.org - View Single Post - Strange situation -- success with caveat -- HELP needed!

AZ Meltdown · 07-09-2009, 09:20 AM

I don't think the AZ RE market is coming back anytime soon, and expect it to continue dropping for 2-3 years

Sorry, but this mod seems to be yet another example of the lender giving little to nothing to share the losses on their poor investment.

Without a REAL principle reduction, I would continue to walk away. And did.

07-09-2009, 09:20 AM	#10 (permalink)
AZ Meltdown Senior Member Join Date: Apr 2008 Posts: 129 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Strange situation -- success with caveat -- HELP needed! I don't think the AZ RE market is coming back anytime soon, and expect it to continue dropping for 2-3 years Sorry, but this mod seems to be yet another example of the lender giving little to nothing to share the losses on their poor investment. Without a REAL principle reduction, I would continue to walk away. And did.