| Whats the point!!!!
(great website)Whats the point in loan modification if the principal isn't lowered to the fair market value? After all, didnt these bad loans cause the market to sky rocket in the first place?Why fix only half the problem?I mean if our houses have dropped 25% then shouldn't they reduce our balance accordingly?Only seams fair.I mean at the end of the day we are all still upside down 100k or more and will be for a long time to come.Thanks for reading any want to hear feedback and opinions |