6 Comments

1. 

   James on April 15, 2011 at 7:19 am

   Well put. In other words, buying a home isn’t for everyone.

2. 

   Mozart on April 15, 2011 at 10:35 am

   Schleprock Perma-Bear

3. 

   Kardashianians on April 15, 2011 at 10:54 am

   He is trying to make a case for principal reductions by painting such a bleak picture. Since other programs haven’t worked for their intended purposes, is this really the time to experiment something as controversial as PD?

4. 

   billwilson on April 15, 2011 at 2:22 pm

   10% of homeowners with mortgages not making their payments – explains why the economy is still kind of functioning, with all that old mortgage money that can now be spent on other things.

5. 

   Anonymous on April 15, 2011 at 3:31 pm

   It pays to consult a Realtor (capital R).

6. 

   dacounselor on April 15, 2011 at 4:36 pm

   Good find, Jim.