It’s not exactly an avalanche yet….but I am seeing a steady stream of modifications that include DRAMATIC principal reductions in mortgages.
More and more the reductions we’re seeing are very meaningful, very, very meaningful indeed.
TAKE A LOOK AT THE ONE FROM JUST TODAY….
DEBT FORGIVENESS OF $298,670.41!
There is much more going on behind the scenes here….but this new development is most encouraging…..in the short run.