I agree about the hearsay comment… it might be happening, but I’ve never heard about, so I remain skeptical until we get the names of the lenders and some specifics, esp. in regard to foreclosure laws and employment and sales in that area. I could see that tough foreclosure laws favoring borrowers, or very low sales, or high unemployment, or distressed areas may do this, but then again, maybe it’s just some guy talking….
