In hindsight within 20% would be better than the arbitrary 10% figure, I forgot how low prices have gone. The only people I really feel for are the ones that saved their whole lives, put 20% cash down,were talked into an interest only loan, and are now 20% underwater. As long as they are still working I have no problem with the Government helping these people out. They are victims of circumstance and timing.I know this is probably a small percentage of the loans out there, but they do exist.
