Absolute idiocy.
Maybe I’ll call my mortgage bank right now and demand they lower my principal. Or I’ll take ‘em to court.
95% of the people pay their mortgages as is.
Exactly...my wife immediately told me to call the bank tomorrow and get the principal lowered by 30% or more...isn’t it going to be great living in a Socialist country? Wake up America !!!
If you think banks won’t loan now...just wait until a court can arbitrarily change the loan agreements and principal amounts.
Why not ask them to give you a lower interest rate also, after they cut the principle by at least half? In fact, maybe the banks should pay us for borrowing from them, for our help in keeping them in business?
I already tried that. The banker (a life long friend) laughed, and reminded me that I had signed a contract.
you don’t get it....only blacks will qualify for mortgage reductions....backdoor reparations for slavery