zzz, I think you’re missing my point. I’ve attempted to make the case that an underwater borrower who attempts a loan modification is not a moral cretin.
I’m not asking anyone to “save” anyone else. I’ve simply tried to make the case that I see nothing wrong with taking matters into one’s own hand to improve one’s financial situation.
Breeze and others seem to think that anyone who made an unwise decision during the bubble years should just live with it.
I’ll ask the question again. If you were under water, had the ability to make payments and knew there were loan modification programs available, would you take advantage?
