http://mattandrandy.com/dont-count-on/ Short Sale Experts and Coaching Fri, 04 Nov 2011 13:29:19 +0000 hourly 1 http://mattandrandy.com/dont-count-on/comment-page-1/#comment-431 khardin Fri, 09 Jul 2010 00:03:57 +0000 http://mattandrandy.com/?p=1233#comment-431 I think very strongly that Principal Reduction can be done but only if a responsible process is put in place. Principal Reduction for the sake of the gift of principal reduction has too much moral hazard. There has to be a trade off. There is a security instrument that lenders can use to implement Principal Reduction in such a way that the Principal Reduction is swapped for or exchanged for a share in the homes future appreciation. There is a great and short presentation on this at http://slidesha.re/6CXxIH I think very strongly that Principal Reduction can be done but only if a responsible process is put in place. Principal Reduction for the sake of the gift of principal reduction has too much moral hazard. There has to be a trade off. There is a security instrument that lenders can use to implement Principal Reduction in such a way that the Principal Reduction is swapped for or exchanged for a share in the homes future appreciation. There is a great and short presentation on this at http://slidesha.re/6CXxIH

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