I still tell people that foreclosure is their solution, not their problem….

Most don’t want to hear it,, they don’t want to lose their (overpriced stucco box) house…

At least a refi will help some, maybe not around here, but it’s a nationwide program not designed to save CA…

Now, how many will bleed their 401K’s to get down to 105% LTV, throwing good money after bad….

At least a lower payment is possible now.
Welcome to OBAMAnation….