“Keep hope alive, right? There’s got to be a way to avoid a collapse in the value of my investment, er, home, right? I know there is….I can just feel it! (Pretend Will Farrell’s “Elf” character is speaking and re-read the last two lines;)”
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There was a wonderful post on another thread – by I believe FSD – that stated something to the effect of “don’t confuse someone who insists on facts over sensationalism as being a housing bull.”
I’m just reporting the facts and providing the links re the modification issue. While I have been and remain a mild-to-moderate housing bear, I don’t ignore developments that may affect the market in a positive way. Some people are so married to their beliefs that they choose to ignore or ridicule facts that don’t support their position. Me? I prefer to see the full picture. To each his own.