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Jonas · 01-23-2009, 11:07 AM

I’m on board with this logic (REDUCE PRINCIPLE OR NO PAYMENT) for many of the reasons expressed by L-DOC. I could mathematically say that it is in the best interest of CW/Investors to look beyond loan mods (dressed up refi’s) and offer true mods with reduced principle, based on fair market value. CW will NOT be getting another dollar from me until I see some RP.This is either going to be a win win or a lose lose situation for me, and if I lose (no RP),I will be situated to immediately rebound. Keep us posted L-Doc.

01-23-2009, 11:07 AM	#7 (permalink)
Jonas Member Join Date: Jan 2008 Posts: 9 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Reduce my Principle or NO PAYMENT! [FL] I’m on board with this logic (REDUCE PRINCIPLE OR NO PAYMENT) for many of the reasons expressed by L-DOC. I could mathematically say that it is in the best interest of CW/Investors to look beyond loan mods (dressed up refi’s) and offer true mods with reduced principle, based on fair market value. CW will NOT be getting another dollar from me until I see some RP.This is either going to be a win win or a lose lose situation for me, and if I lose (no RP),I will be situated to immediately rebound. Keep us posted L-Doc.