Piggington has featured our friends at Effective Demand, and their recent post about loan mods:

http://effectivedemand.blogspot.com/2009/06/california-loan-modifications-update.html

It’s an update from the California DofC about who’s getting what when it comes to modifications, and it’s noted that virtually no one is getting their principal reduced.

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Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!

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