Home › Forums › Housing › FDIC Loan Modification Program *Screw the borrower* › Dave, I know that you know
Dave, I know that you know your stuff..
Do you really believe that we are going to actually avoid a depression ??
It’s just being delayed for those that aren’t ready to attend yet, like a meeting that is running a few minutes late, waiting for more to show up.
I’m thinking that the future comparisons will be to the “Greatest Depression” which will be the one of 2007-2016, not the “Great” 1929-1941.
In your example, only their payment will be lower, not their balance.
…..happily ever after. THE END. HLS