[HopingtoFind]

I personally believe that there is going to be a lot more pressure on lenders to modify, reduce principle... etc. I think threat of bk will be used as leverage to bring lenders to the table... I don't see it any other way.

By the way LHarvey, I have a theory about you not having to be late in order to be modified while low level reps are telling others that they have to be late. I think the negotiator you worked with simply simulated you being late by letting you not pay for couple of months while freezing your credit reporting.. I would bet that your investor is either Fannie or Freddie... It would be interesting to find out...
The reason I think that is that is exactly what is happening with my Chase/Freddie mod...