The Mudcat Café TM
Thread #114535   Message #2445702
Posted By: CarolC
20-Sep-08 - 01:53 AM
Thread Name: BS: 125%Mortgage/negative equity difference?
Subject: RE: BS: 125%Mortgage/negative equity difference?
I don't understand why they can't just restructure the loans so that the interest rates are affordable to the people who hold the mortgages. That way, people could stay in their homes and their mortgages would get paid.