http://www.boston.com/business/personal-finance/2012/10/06/hundreds-massachusetts-homeowners-tens-thousands-are-getting-principal-write-downs-their-mortgage-loans/w6nMdYerlrAksykQT1mqWK/story.html
GREAT picture for the article chezzzzzzzz
BROCKTON — Donald and Stacey Dobbins fought for seven years to save their modest four-bedroom Colonial from foreclosure, unable to keep up with ballooning debt on the house they bought in 2005 for $297,000 without any money down.
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In December, however, the family’s housing nightmare ended with a proposal that at first seemed unreal. The Dobbinses’ lender, GMAC Mortgage, offered to erase a whopping $190,000 from their debilitating debt and cut the interest rate to 4.4 percent. That reduced the monthly mortgage payment to $1,400, almost half of what they were paying.
“I believed God was going to work things out for us and he did,” said Donald Dobbins, 45, a truck driver and father of three. “I’m ecstatic.”
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I doubt god had much to do with it dewd,,,,,,,,,,,,,,,,
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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