If you’re working with lenders to restructure troubled loans, I don’t think anybody here has a problem with you. As long as both borrower and lender end up being better off, then that’s what they should do.
Speaking for myself, I’m not in the market for a mortgage, and likely won’t be for awhile. But I’m really keen to know about the amount of distress in the higher-priced areas (and I think many others here feel the same). So far, NOD and NOT activity has been pretty subdued in these areas, but there are reasons to believe that there are some time bombs about to go off. I imagine that people like you and HLS would be the first to notice signs of distress, as folks would come to you to try to refinance before they go NOD.
