Quote:
Originally Posted by elpjohnson  cbriones......
I remember you....you've been at this for a while now. From what I've seen here on the forum, investors are NOT doing principle reductions. Some are doing principle deferments but it's not a principal reduction. |
I personally do think that there will at some point be these loans that are rewritten - they will have to be. We are all really just renting since we have little or no equity or minus in many cases. It will take years for us to get back to where we were.