[quote=CA renter]Sure hope you’re right, BG. Unfortunately, from some of the stories I’ve heard, treehugger might be right, too.
Sorry you have to hear stories like that, treehugger, but am glad to hear that you were able to get your already-affordable payments reduced further![/quote]
CAR, if you’re referring to principal reduction or cramdown, I haven’t yet heard of any underwater homeowners being successful with that, outside of “loan forgiveness” thru short-selling and taking the hit to their credit or a jr lienholder being wiped out in a non-judicial foreclosure.
