[quote=walterwhite]loweing the principal owed strikes people as a giveaway, but somehow, interest rates just seem different. but it’s not. is it?

it’s all about the payment after all.[/quote]

Yeah, I don’t support principal reductions since people at that point can just decide if they want to walk away, but interest rates to me is different because they system is messed up currently and some folks can’t refinance as mentioned in some of the messages above.