I guess we could nit pick all we want and we really dont know the details of each and every case. My point was some people with a year or 2 of missed payments can recover if given reasonable terms. How many? I have no clue, but to declare them all DOA is folly IMO. Extend, pretend, kick the can, stabilize values, stimulate the economy, roll missed payments into the loans and refinance them into today’s historically low rates. It will and has worked for some. Who is to say how many more but certainly that number is not zero.
