[Walking Away]

Hi Snapple. Thanx. My final terms were 40 year fixed at 5.5% instead of 30 year fixed at 8.5%. My total payment is $1700 instead of $2200. I didn't get any principle reduction but my home is only a bit underwater because where I live is very stable and home values have stayed about the same the past 3 years. Only because of the missed payments being added to loan are my underwater maybe $10,000 or so. All I wanted all along was a reasonable rate so I could afford the home. I've followed your case, Snapple; I think you said your doing trial payments but aren't sure if it's worth it without principle reduction. I think foreclosures will continue to rise and the economy will worsen so I'm guessing for people like you there might be some principle reductions eventually. Too many people are walking away in the states hit hardest. Just my opinion but it probably makes sense for you to do the trial payments and hope later this summer that principle reductions become part of the solution